5556 Market Street, Philadelphia, PA 19139 | MLS PAPH2325260 | Listing Information | Vylla Home
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FOR SALE
$399,000

5556 Market Street
Philadelphia, PA 19139

Triplex, Multi-Family
Residential
2
Beds
2,009
Sq. Ft.
0.04
Acre Lot
Courtesy: KW Empower
Vylla Home> Pennsylvania> Philadelphia> 19139
Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation.Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train.The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, and washer/dryer. Priced at $1000 per month, its private fenced yard adds an extra allure.Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns.To sweeten the deal, the property offers off-street parking for 1-2 cars, potentially yielding an additional $50-$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound.Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!
PAPH2325260
Residential - Triplex, Multi-Family, Other
2
1920
PHILADELPHIA
0.04 Acres
Public
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
Courtesy: KW Empower
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/8/2024 2:47 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.