6253 N 5TH ST new to site

Philadelphia,PA 19120

$ 225000

- Bed

- Bath

1400 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $160

MLS Listing ID PAPH2526236

Style Other

Abv Grd Liv Area 1,400

Year Built 1980

Annual Tax Amount $3,362

Tax Year 2025

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20.00 x 100.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

6253 N 5th St – Prime value-add duplex in East Oak Lane with strong upside potential. This well-located property features two 1BR/1BA units, with the first-floor unit rented at $850/month (no lease; long-term tenant of 6+ years) and the second-floor unit vacant and ready for quick turnover and lease-up. Attached garages currently rent for $100 each, well below market. In fair condition, the property only needs light turnover work to be move-in ready. Significant upside exists with the ability to raise rents by $200+ per unit and increase garage income. Additional highlights include separate gas meters and hot water tanks, one electric box, one water meter, gas radiator heat, and a roof completed around 2000.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 611092800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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