4101 N 5th St, Philadelphia, PA 19140

$1,300,000

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List Price
$1,300,000
Days on Market
90
Status
ACTIVE
MLS#
PAPH2637550
Lot Size (Acres)
0.05
Year Built
1935
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Turnkey mixed-use investment opportunity in the heart of Philadelphia. 4101–03 N 5th Street is a fully renovated five-unit mixed-use asset featuring one commercial space and four residential apartments, offering strong income potential and flexible future use. The ground floor is currently built out and operating as a pharmacy with all required licenses and approvals obtained. The current pharmacy operator/owner is willing to remain in place as a tenant, creating immediate stabilized commercial income for the next owner. The commercial footprint also presents future flexibility, with potential for reconfiguration into a separate commercial use, subject to buyer due diligence and applicable approvals. Above the commercial space are four renovated residential units consisting of two spacious 2-bedroom, 1-bath apartments on the second floor and two 1-bedroom, 1-bath apartments on the third floor. All residential units have been completely renovated and are offered furnished for marketing and leasing purposes; furnishings are not included in the sale but may be purchased separately by the buyer. Furnishings are brand new and have not been used. With a projected gross annual income of up to $111,600, this property presents an attractive opportunity for investors seeking a stabilized mixed-use asset with upside potential. Buyer is responsible for conducting all due diligence regarding use, occupancy, zoning, licensing, and income projections. Please review the Commercial Property Information Sheet and all associated disclosures carefully, including information regarding pending City permit violations.

Additional Information

Area
19140 (19140)
Taxes
$4664
School District
The School District Of Philadelphia
Heating
Wall Unit
Heating Fuel
Electric
Cooling
Ductless/Mini-Split
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Vylla Home. Contact: 8562060413

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