Philadelphia, PA 19143,5039 SPRINGFIELD AVE
Philadelphia, PA 19143,5039 SPRINGFIELD AVE
Philadelphia, PA 19143,5039 SPRINGFIELD AVE
31
$550,000
$575,000
4.3%
Est.Price: ?

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2,646 Sqft Lot

5039 SPRINGFIELD AVE Philadelphia, PA 19143

Est. payment /mo
SOLD DATE : 05/31/2019

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Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH507940

Sold Date 05/31/19

HOA Y/N N

Originating Board BRIGHT

Year Built 1904

Annual Tax Amount $3,246

Tax Year 2018

Lot Size 2,646 Sqft

Acres 0.06

Property Description

FULLY OCCUPIED and LEGAL, by right 5 plex. This is a building you need to have in your portfolio. Whether you're a seasoned investor or someone looking start your portfolio, this place is a winner on many levels. ALL the hardwork has been done for you. Every unit has been rehabbed and reworked to maximize living space and profit potential. The GIANT first floor 2 bedroom units would make a perfect owners suite, while the 2nd and 3rd levels contain the additional (4) one bedroom units. Each of which has had it's heat, electric and hot water meticulously updated and separated; which makes renting a breeze and cuts down on all kinds of headaches. Every one of these sought after and easy to rent units are bright, fresh, and waiting to be leased to whomever you see fit. You can fill this building in any way you want. NO issues right from the start. Enjoy cash flow and ridiculous appreciation upside potential as the Universities, hospitals and students continue to push south. Easy to show, Easy to buy.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 511262200

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Andrew R Dickinson • BAE Realty and Investment Services
Bought with Neil P Dessecker • RE/MAX One Realty

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