Philadelphia, PA 19143,5416 BALTIMORE AVE
Philadelphia, PA 19143,5416 BALTIMORE AVE
Philadelphia, PA 19143,5416 BALTIMORE AVE
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$850,000
Est. payment /mo
3,040 SqFt
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $279

Subdivision Cobbs Creek

MLS Listing ID PAPH2444856

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $681

Tax Year 2024

Lot Size 2,370 Sqft

Acres 0.05

Lot Dimensions 16.00 x 152.00

Property Sub-Type Five Or More Units

Property Description

***RECENT NEW CONSTRUCTION 5 UNIT BUILDING WITH TAX ABATEMENT**Built in 2023 this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located right on Baltimore Avenue the location is prime. The building consists of 5 residential units with a front paved fenced in space perfect for trash receptacles. UNIT 1: 1 bed/1 bath rented for $1,000. UNIT 2: 1 bed/1 bath rented for $1,250. UNIT 3: 1 bed/1 bath rented for $1,000. UNIT 4: 1 bed/1 bath rented for $1,175. UNIT 5: 1 bed/1 bath rented for $1,175. Building is conveniently electric with a unique side entrance up a private walkway to the units. Property is in excellent condition and maximizes space. Tax abatement began in 2024 and is good for 9 more years. The location can't be beat with its close proximity to Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. Also available are 316 S 52nd Street and 4811 Walnut Street.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RM1

Interior

Hot Water Electric

Cooling Central A/C

Flooring Engineered Wood

Inclusions All window blinds, appliances

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 513050700

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Michael P Cohen • KW Empower

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agent

Bob Lucido Team

+1(410) 465-6900

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5416 BALTIMORE AVE