Philadelphia, PA 19139,5900 MARKET ST
Philadelphia, PA 19139,5900 MARKET ST
Philadelphia, PA 19139,5900 MARKET ST
12
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Listed by Samantha Lee Miller • Select Commercial Advisors
$550,000
Est. payment /mo
3,520 SqFt
Active

5900 MARKET ST Philadelphia, PA 19139

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Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $156

Subdivision Haddington

MLS Listing ID PAPH2526902

Style Straight Thru,Traditional

Abv Grd Liv Area 3,520

Year Built 1915

Annual Tax Amount $3,042

Tax Year 2025

Lot Size 1,336 Sqft

Acres 0.03

Lot Dimensions 16.00 x 84.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Turnkey multifamily investment opportunity in West Philadelphia: corner mixed-use building with 5 residential units plus 1 commercial space, fully-occupied with an in-place 9% cap rate! Fully-renovated in 2022. Located at the intersection of 59th Street and Market Street, just 1 block from the 60th Street stop on the MFL, this well-maintained asset provides both immediate cash-flow and future upside as the surrounding neighborhood continues it's growth trajectory. Comprised of six total units: one commercial space, two studios, two one-bedroom apartments, and one two-bedroom apartments. Generating $5,877 per month in rents ($70,524 annually). Local amenities include: Cobbs Creek Golf Course: "an industry leading restoration project that includes a multitude of golf and community amenities"; Restaurants: Aku's Kitchen, Liberty Halal Gyro, Yock's Sandwich-Ville USA; Schools: Barry Community John School, Sanctuary Christian Academy, William L Sayre Middle School; Grocery Stores: Market at University Square, African Expressions, The Fresh Grocer; Parks & Rec: Haddington Park, Haddington Recreation Center, Cobbs Creek. Offering memorandum available upon request. See virtual tour link for videos of interior.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Ceiling Fan(s)

Flooring Wood

Fireplace N

Heat Source Electric

Exterior

Water Access N

View City, Street

Accessibility None

Garage N

Building

Lot Description Corner, Rear Yard

Foundation Stone

Above Ground Finished SqFt 3520

Sewer Public Sewer

Water Public

Architectural Style Straight Thru, Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871048300

Ownership Fee Simple

SqFt Source 3520

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Virtual Tour https://youtu.be/Tr6u4ZmVm5E


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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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5900 MARKET ST