Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property was built in 2019 and is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia, just a short walk from Temple University, Fishtown and Northern Liberties, ensuring consistent demand. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property includes a tax abatement and is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes one, two and three-bedroom layouts all with private outdoor space including a rear yard, rear deck or roof deck. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Dont miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
Presented By: KW Empower
Interior Features for 1802 N 5Th Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1802 N 5Th Street
AccessibilityNone
Architectural StyleStraight Thru
CityPHILADELPHIA
Construction MaterialsMixed
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsFrom Girard Avenue to North 5th Street
Garage Y/NNo
HeatingCentral, Forced Air
Lot Size Square Feet1287.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-03-31T14:35:07
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG267.13
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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