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Tom Englett, Realtor

Philadelphia, Pennsylvania
Real Estate Agent
215-284-9432
Contact Us

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Listing 4 out of 47
$575,000 For Sale

5039 Springfield Avenue
Philadelphia, PA 19143

Multi Family Home
2614 sq ft - MLS# PAPH507882
Property Photo
1/31

Description

FULLY OCCUPIED and LEGAL 5 Plex! This is a building you need to have in your portfolio. Whether youre 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 its 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. 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.

Features

  • Property Type: Multi Family Home
  • Sub Type: Twin/Semi-Detached
  • Listing Status: Active
  • County/Area: Philadelphia County
  • Zip Code: 19143
  • Year Built: 1906
  • School District: The School District Of Philadelphia
  • Sq.Ft.: 3,780 sq ft
  • Basement: Yes, Full
  • Lot Size: 2614 sq ft
  • Zoning: RM1
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $52200.00
  • Appliances: Stainless Steel Appliances
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Level Count: 3
  • Building Total SQFT: 3,780
  • Building Units Total: 4
  • Construction Materials: Masonry
  • Cooling: Natural Gas
  • Directions: LOCATED ON THE CORNER OF SPRINGFIELD AVENUE AND SOUTH 51ST STREET
  • Electric Service: 200+ Amp Service
  • Exterior Features: Bump-outs
  • Green Energy Efficient: Appliances
  • Gross Income: $52200.00
  • Heating: Natural Gas
  • Heating Type: Radiator
  • Heating Y/N: Yes
  • Hot Water: Natural Gas
  • Improvements: Above Grade, Below Grade
  • Inclusions: All appliances currently in the property.
  • Lot SQFT: 2,646
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Municipality: PHILADELPHIA
  • Number Of Units Vacant: 5
  • One Bedroom Units Count: 4
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Condition: Average+
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 3246.0
  • Tax Year: 2018
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT Source: Assessor
  • Total SQFT Source: Assessor
  • Two Bedroom Units Count: 1
  • Type Of Parking: On Street
  • Units Leased Count: 5
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Bae Realty And Investment Serv

 

 

 

Tom Englett | 215-627-6005 | Contact Us 
530 Walnut St, Suite 480, Philadelphia, PA 19106
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