Investments Sales Management

1206 N 5TH STREET

PHILADELPHIA , PA 19122

MLS#: PAPH2587216

$525,000

Status: Active
Listing number: PAPH2587216
Listing provided by: KW Empower
Listing agent phone: None
Last update: 4 days ago
On site: 10 days ago
Browse Properties
NORTHERN LIBERTIES - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

N/A

1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 9% cap rate, so you generate income on day one. All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enormous ceilings and excellent natural light, and the commercial space features a traditional storefront façade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided upon successful offer for the Buyer’s review. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside. Unit breakdown: 1st Floor Commercial Unit $700/mo (M2M); 1st Floor Rear Studio $995/mo (M2M); 2nd Floor One Bedroom $1200 (M2M); 3rd Floor One Bedroom $1437 (thru 6/30/2026).

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $525,000

  • Tax Amount

    $4,774

  • Zoning

    Mixed-use (1 Commerical Unit and 3 Residential Units)

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    JAMES R. LUDLOW

  • Middle School

    JAMES R. LUDLOW

  • High School

    PENN TREATY

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    36

  • Water Source

    Public

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Location

County

PHILADELPHIA

Elementary School

JAMES R. LUDLOW

Middle School

JAMES R. LUDLOW

High School

PENN TREATY

Listing Courtesy of Stacy L Sanseverino , KW Empower

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 9% cap rate, so you generate income on day one. All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enormous ceilings and excellent natural light, and the commercial space features a traditional storefront façade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided upon successful offer for the Buyer’s review. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside. Unit breakdown: 1st Floor Commercial Unit $700/mo (M2M); 1st Floor Rear Studio $995/mo (M2M); 2nd Floor One Bedroom $1200 (M2M); 3rd Floor One Bedroom $1437 (thru 6/30/2026).

1206 N 5TH STREET

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