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$919,230*
●
Multifamily -
Off Market
1214 N 5TH STREET
PHILADELPHIA, PA 19122
Studio
0 Bath
3270 Sqft
$833,000 - $1,017,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
We are offering a downpayment assistance program: $5,000 in closing
cost, $500 for appraisal, and $500 for Home Warranty through Motto
Mortgage Expert Solutions. Delivered turnkey for an investor
looking for ROI & income property located No-Libs adjacent, this is
an excellent opportunity to own a Quadplex boasting approximately
3270 SQ FT. Also, great opportunity for an owner-occupant to reside
in one unit and have the rental income pay for your mortgage. RM-1
Zoning. The building is comprised of 4 residential units, which are
2 units that are 2 bedrooms & 1 bathroom & 2 units which are 1
bedroom & 1 bathroom. On the first floor, there are 2 units, one
located in the front & one located in the rear of the building. The
first-floor front is a 1 bedroom & 1 bathroom unit. 1 Rear is
3-story, 2 bedrooms & 1 bathroom unit that is compromised on the
1st, 2nd & 3rd floors at the rear of the building. Located on the
2nd floor, there is 1 bedroom & 1 bathroom recently updated unit.
There is a common coin-operated laundry on the second floor for all
occupants to utilize and generates extra income. On the 3rd floor,
there is a 2 bedroom & 1 bathroom. All units have been maintained
and offer, recessed lighting, ceiling fans, hardwood floors, gas
range, refrigerators & dishwashers. All units are separately
metered for electricity and there is a common electric meter. There
are 4 hot water heaters. Pride of ownership is evident throughout.
The unfinished basement is accessible from the first-floor hallway
and provides additional storage space. The added convenience of
breezeway & large rear yard. The property is being sold in As-Is
Condition. The property qualifies for CRA financing with 3% down &
no mortgage insurance for added savings. Buyer needs to do
their own due diligence to verify the zoning. Super easy
access to shopping, coffee shops, restaurants & bars, in Northern
Liberties, Fishtown & Olde Kensington. Easy access to public
transportation & located in close proximity to the Girard Ave line.
Walker's paradise at 95, Excellent Transit Score at 75 & Very
Bikeable at 77.
The manager has listed the unit size as 3270 square feet.
The manager has listed the unit size as 3270 square feet.
Unit Size
3,270Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$283
Property Type
Multifamily
Property Taxes
$722
HOA Dues
-
Year Built
1915
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 5, 2022 | Relisted | $925,000 | |
Relisted | |||
May 29, 2022 | In contract | - | |
In contract | |||
May 4, 2022 | Price Decreased |
$925,000
↓ $25K
(2.6%)
|
|
Price Decreased | |||
Mar 31, 2022 | Listed | $950,000 | |
Listed |
Property Highlights
Air Conditioning
Interior Details
Basement Information
Basement
Exterior Details
Exterior Information
Masonry
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
4
Beds
4
Baths
3,189 ft²
$293/ft²
$935,000
Jun 17, 2023
$935,000
Aug 31, 2023
-
Sold
Townhouse
3
Beds
5
Baths
3,276 ft²
$238/ft²
$780,000
Feb 15, 2018
$780,000
Apr 20, 2018
-
Townhouse
4
Beds
3
Baths
3,200 ft²
$319/ft²
$1,020,000
Apr 19, 2023
$1,020,000
May 24, 2023
$31/mo
Townhouse
3
Beds
3
Baths
3,120 ft²
$296/ft²
$922,500
Sep 14, 2023
$922,500
Dec 18, 2023
-
Townhouse
3
Beds
5
Baths
2,930 ft²
$338/ft²
$989,900
Sep 7, 2023
$989,900
Oct 11, 2023
$200/mo
Townhouse
3
Beds
5
Baths
2,930 ft²
$341/ft²
$999,400
Sep 12, 2023
$999,400
Dec 13, 2023
$200/mo
Active
Multifamily
Stu
-
3,324 ft²
$241/ft²
$799,900
Oct 28, 2023
-
$2,399/mo
Active
Townhouse
4
Beds
5
Baths
2,900 ft²
$328/ft²
$949,999
Oct 20, 2022
-
$50/mo
Active
Townhouse
3
Beds
3
Baths
3,364 ft²
$287/ft²
$964,600
Sep 7, 2023
-
$100/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1214 North 5th Street
1214 North 5th Street, Philadelphia, PA 19122
- 1 Unit for Sale