Philadelphia, PA 19148 1831 S 5Th Street

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Presented By: RE/MAX Ready
  • MLS# PAPH2434530
  • 01/12/2025
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  • Beds • 6

Home Details

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) $1,050, 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.
Presented By: RE/MAX Ready

Interior Features for 1831 S 5Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsAll
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1831 S 5Th Street

AccessibilityNone
Architectural StyleStraight Thru, Traditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingWindow Unit(s)
CountyPHILADELPHIA
Directionsgps
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet1060.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2025-02-03T10:00:59
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate, Other, Negotiable
Price Per Sq Ft Total AG191.92
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount5233.0
Tax Assessed Value373900.0
Tax Lot355
Tax Year2025
Total SQFT4950
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1

Exterior for 1831 S 5Th Street

Foundation DetailsBrick/Mortar, Slab
Land Assessed Value74780.00
Land Use CodeU50
Lot Dimensions16.00 x 66.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $475,000
MLS#PAPH2434530
List Date 01/12/2025
Property Type Multi-Family
Phone 703.929.4729
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