Philadelphia, PA 19131 5840 Master Street

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Presented By: EXP Realty, LLC
  • MLS# PAPH2424630
  • 12/02/2024
  • Request Tour
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Home Details

SELLER IS MOTIVATED! This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphias #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So dont miss out, schedule your appointment today!
Presented By: EXP Realty, LLC

Interior Features for 5840 Master Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
FlooringCeramic Tile, Hardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Recessed Lighting
Total Stories3

General for 5840 Master Street

Acceptable FinancingCash, Conventional, Private
Accessibility2+ Access Exits
AppliancesCommercial Range
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn the Corner of N 59th Street & W Master Street
DisclosuresLead Based Paint - State, Prop Disclosure
Garage Y/NNo
HeatingForced Air
Lease TypeNone
Location TypeCorner Lot/Unit
Lot Size Square Feet1458.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
ModificationTimestamp2025-04-24T17:16:16
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased
NumberOfUnitsVacant3
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG87.04
Property ConditionAverage
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count3
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameCARROLL PARK
Tax Annual Amount2268.0
Tax Assessed Value170600.0
Tax Lot86
Tax Year2024
Total SQFT3102
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningCMX1

Exterior for 5840 Master Street

InclusionsSome items are negotiable, please contact the listing agent for more details
Land Assessed Value34100.00
Land Use CodeY50
Lot Dimensions20.00 x 75.00
Lot FeaturesCorner, Rear Yard
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $270,000
MLS#PAPH2424630
List Date 12/02/2024
Property Type Multi-Family
Phone 703.929.4729
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