Philadelphia, PA 19139 5556 Market Street

5556 Market Street Philadelphia, PA - Image 15556 Market Street Philadelphia, PA - Image 25556 Market Street Philadelphia, PA - Image 3
11 more
5556 Market Street Philadelphia, PA - Image 45556 Market Street Philadelphia, PA - Image 55556 Market Street Philadelphia, PA - Image 65556 Market Street Philadelphia, PA - Image 75556 Market Street Philadelphia, PA - Image 85556 Market Street Philadelphia, PA - Image 95556 Market Street Philadelphia, PA - Image 105556 Market Street Philadelphia, PA - Image 115556 Market Street Philadelphia, PA - Image 125556 Market Street Philadelphia, PA - Image 135556 Market Street Philadelphia, PA - Image 145556 Market Street Philadelphia, PA - Image 15
Presented By: KW Empower
  • MLS# PAPH2325260
  • 02/23/2024
  • Request Tour
  • Request Info
  • Beds • 3

Home Details

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!
Presented By: KW Empower

Interior Features for 5556 Market Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 5556 Market Street

AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsMarket St to 55th Street
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet1868.00
Lot Size UnitsSquare Feet
MLS Area19139 (19139)
ModificationTimestamp2025-04-07T11:27:39
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG161.27
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameWALNUT HILL
Tax Annual Amount1308.0
Tax Assessed Value93500.0
Tax Lot129
Tax Year2025
Total SQFT2009
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningCMX2

Exterior for 5556 Market Street

Foundation DetailsBrick/Mortar
Land Assessed Value14025.00
Land Use CodeY30
Lot Dimensions15.00 x 125.00
Lot Size Acres0.04
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces1
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $324,000
MLS#PAPH2325260
List Date 02/23/2024
Property Type Multi-Family
Phone 703.929.4729
Request Tour
Request Info
Visit My Website

Similar Properties to 5556 Market Street

Skip to content