700 S 5th St, Philadelphia, PA, 19147

700 S 5th St, Philadelphia, PA, 19147 < >
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for sale
$3,450,000
Square Feet:6000
Lot Size:0.02 Acres
Year Built:1900
Status:Active
MLS #:PAPH2241682
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
5th & Bainbridge is an ideal location for any real estate investor to own. This property is fully leased and the commercial tenant has just signed a guaranteed lease with a first term of 10 years. Situated in Queen Village, this mixed use building spans three addresses and has a commanding corner presence just South of South Street and across from the Bainbridge green, the property is perfectly suited for both commercial and residential tenants. Recently updated and well maintained the property is fully leased and will be sold with a liquor license. The large residential units are all 1BD 1BA and feature hardwood floors, great closets, dishwasher, gas stove, garbage disposal, dishwasher and new tile bathrooms with bathtubs. There is a coin-op laundry in the building; however, the discerning investor could add washer/dryer in units and increase rents. SEPTA bus routes 40, 57 and 47 are within a few minute's walk. Local venues include Stoned Pizza (tenant), Emmy Squared Pizza, Famous Fourth Street Deli and South Street, Bainbridge Green, Cuzzys Ice cream and so many more. This is a generational property which will always be a desirable investment for years to come. This property is 100% occupied with 6 residential units and 1 commercial unit. PRO Forma NOI of 200K per year.
Interior Details
Building Total SQFT: 6750.00Total Restrooms: 2

Exterior Details
Lot Size Acres: 0.02Lot Size Dimensions: 64 x 40.00
Lot SQFT: 800.00

Community Information
County: PHILADELPHIACross Street: Bainbridge
Municipality: PHILADELPHIASubdivision Name: QUEEN VILLAGE
Zoning: CMX2

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Apartment Building, Restaurant/Bar
DOM: 79MLS Area: 19147 (19147)
New Construction YN: NProperty Sub Type: Mixed Use
Year Built: 1900

Utilities
Cooling Type: Central A/CHeating Type: 90% Forced Air
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Stephen D. Stafford
List Office Name: SDG Management, LLC
List Office Phone: 2673187080

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Monthly Payment for 700 S 5th St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$3,450,000
Down Payment:
Loan Amount:$2,760,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Stephen D. Stafford, SDG Management, LLC
Information obtained from Bright MLS is current as of 9/25/2023 3:20 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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