PA
PHILADELPHIA
PHILADELPHIA
19148
1831 S 5TH STREET
1831 S 5TH STREET, PHILADELPHIA, PA 19148
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Listing Type
Multi Family
Listing Status
active
12
$449,900

Home Details for 1831 S 5TH STREET

Price
$449,900
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
2475
Year built
1915
Lot size acres
0.02
County
PHILADELPHIA
Garage
Days on site
253
MLS Listing#
PAPH2434530
Property Description

This property is legally zoned three unit building with active rental licenses located in Dickinson Narrows, South Philadelphia, close to the neighborhoods of East Passyunk, Moyamensing & Pennsport. This property is adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridors and surrounded by residential & multi-unit development and major infrastructure projects. This triplex is three large 2 bedroom/1 bathroom units through the 3 story structure, with a backyard and common easement. Enter into the vestibule and find a hallway with a door that leads to the first floor unit with access to the backyard. The second floor unit is not self-contained providing a value-add upside play to convert into two studios bringing the total unit count to 4 or more units. There are 4 gas meters (1 house), brand new 240 electrical service and heads, 3 water heaters, and 1 heating furnace. Common heat is currently configured for the building but switching to in-unit baseboard electric would be wise and economical. Cosmetic upgrades throughout building, with in-unit washer/dryer on third floor unit. If you are looking to house hack, an apartment unit can be made available to you. All units are currently occupied grossly below market rates 1) $950, 2) $1,100, 3) $1,200 (prior lease $1,400). Within short distance from this property lies East Passyunk Ave, which holds over 160 independent businesses and retail locations, ranging from multicutltural cuisines, entertainment, bars, shopping, retail, the arts, and many other amenities. East Passyunk is home to James Beard International food award recipients and is one of Food & Wine Magazine's Top 10 Foodie Destinations in the country. Dickinson Narrows also is adjacent to the Riverwards along the Delaware River, with many amenities and festivities for families and residents of all ages. Owner is a licensed PA agent/reatlor.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Parking
    • None
Listing Courtesy: RE/MAX Ready - 610-828-6300
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Last Updated: 2025-09-05 09:29:43
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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