1802 N 5Th Street, Philadelphia, PA 19122-2144 $815,000

# of Units: 3
Interior Sq. Ft: 3,051
Acreage: 0.03
Age:6 years
Taxes: $2,582
MLS#: PAPH2460944
Subdivision: Olde Kensington
Design/Type:
Interior Row/Townhouse

Description

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property was built in 2019 and is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia, just a short walk from Temple University, Fishtown and Northern Liberties, ensuring consistent demand. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property includes a tax abatement and is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes one, two and three-bedroom layouts all with private outdoor space including a rear yard, rear deck or roof deck. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).

Taxes: $2,582
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Central Heating, Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
None

Interior
Fully Finished Basement

Exterior
Concrete Perimeter Foundation, Mixed Exterior

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 3/29/2025.