5039 SPRINGFIELD AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,780 sqft
Price per Sqft $171
Subdivision West Philadelphia
MLS Listing ID PAPH2380596
Year Built 1915
Annual Tax Amount $9,036
Tax Year 2025
Lot Size 2,646 Sqft
Property Description
This is a fully renovated, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM-1
Interior
Hot Water Electric
Heating Radiant
Cooling Window Unit(s)
Flooring Hardwood
Inclusions Refrigerators
Exterior
Water Access N
Building
Lot Description Corner,Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional,FHA,FHA 203(b),FHA 203(k),VA
Listing Terms Cash,Conventional,FHA,FHA 203(b),FHA 203(k),VA
Special Listing Condition Standard