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Description
Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$283
Listed
13 days ago
Home Details for 1946 N 5th St
Interior Features |
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Interior Details Basement: FullNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 4 |
Dimensions and Layout Living Area: 1942 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: Bi-levelAccessibility: None |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Brick/Mortar |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 13 |
Property Information |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: End of Row/Townhouse |
Building Construction Materials: MasonryIs a New Construction |
Property Information Condition: ExcellentIncluded in Sale: All AppliancesParcel Number: 183419100 |
Price & Status |
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Price List Price: $549,500Price Per Sqft: $283 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: PhiladelphiaCommunity: South Kensington |
School Information Elementary School District: The School District Of PhiladelphiaJr High / Middle School District: The School District Of PhiladelphiaHigh School District: The School District Of Philadelphia |
Agent Information |
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Listing Agent Listing ID: PAPH2342552 |
Lot Information |
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Lot Area: 1200 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To Sell |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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BasementMls Number: PAPH2342552Municipality: PHILADELPHIA |
Last check for updates: 1 day ago
Listing courtesy of Lucas Pfaff, (215) 622-7753
Keller Williams Main Line, (610) 520-0100
Listing Team: Fresh Places - Justin Bresson Team, Co-Listing Team: Fresh Places - Justin Bresson Team,Co-Listing Agent: Justin Bresson, (610) 613-7750
Keller Williams Main Line, (610) 520-0100
Source: Bright MLS, MLS#PAPH2342552
Price History for 1946 N 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/17/2024 | $549,500 | Listed For Sale | Bright MLS #PAPH2342552 |
| 12/01/2022 | $215,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $3,452 |
| Assessment | $246,600 |
Home facts updated by county records
Comparable Sales for 1946 N 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $274,950 | 06/01/23 | 5 | 5 | 2,835 | |
0.14 | Multi-Family Home | $285,000 | 04/15/24 | 3 | - | 1,650 | |
0.32 | Multi-Family Home | $400,000 | 02/09/24 | 4 | 2 | 2,148 | |
0.27 | Multi-Family Home | $299,000 | 06/15/23 | 5 | - | 2,495 | |
0.09 | Multi-Family Home | $570,000 | 02/21/24 | 6 | 4 | 2,184 | |
0.30 | Multi-Family Home | $435,000 | 07/28/23 | 3 | - | 2,054 | |
0.23 | Multi-Family Home | $335,000 | 07/31/23 | 2 | 3 | 2,664 | |
0.44 | Multi-Family Home | $312,000 | 12/01/23 | 4 | - | 1,300 | |
0.42 | Multi-Family Home | $350,000 | 11/06/23 | 4 | - | 2,520 | |
0.44 | Multi-Family Home | $132,500 | 12/11/23 | 4 | - | 1,530 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about West Kensington
- Njr714
- Resident
- 2mo ago
"This area has lots of social gathering opportunities as well as job opportunities. Traveling is easy and the area is very diverse "
- Linetteeaston1
- Visitor
- 4mo ago
"Drug addiction area , not safe or clean need to clean up neighborhood crime, rat and rodent, robbery "
- Trulia User
- Resident
- 1y ago
"I’ve been in the neighborhood for 2 years it’s ok, I do think the neighborhood is up & coming rent is expensive and the rats are terrible outside the homes I hope it gets better "
- Trulia User
- Prev. Resident
- 1y ago
"Sunflower Philly is a great park dogs are always welcome and there are plenty of events happing all the time. So there’s always something to do and a cool place to take your friends or dogs "
- Trulia User
- Resident
- 1y ago
"Really good City community, other than porch pirates your save. Tons of great food and stores all within walking distance"
- Trulia User
- Visitor
- 2y ago
"It’s an nice place you can live at plus it’s close to septa buses and close to market-Frankford line "
- Trulia User
- Resident
- 2y ago
"They have beer festival that is pretty cool. Genius beer garden has televised the Eagles games. They’re are cool things"
- Trulia User
- Visitor
- 2y ago
"My best friend live there and my kids and I visit and go on walks there it so nice and pretty also clean "
- Trulia User
- Resident
- 3y ago
"I see dogs in the neighborhood. most people don't keep dogs on leashs is all i can say at the moment. "
- Adamarie B.
- Resident
- 3y ago
"You see people walking dogs all the time or people on the corners we’re trying to change and have a better place for children we have Community garden where you can come and learn about plants and about fruits and vegetables and the people are very nice "
- Antoinette G.
- Resident
- 3y ago
"I see dog owners walking their dog’s sometimes on a daily basis. Minding their business everyday mostly "
- Tanya V.
- Prev. Resident
- 3y ago
"I didn't really like the neighborhood. too much violence and drugs. what makes it unique are the people."
- Jameel B.
- Resident
- 4y ago
"I lived here for 2 years, it’s not too bad but also not too great. The block im on isn’t bad. There’s occasionally crime but that’s everywhere. Cars def get their windows smashed. Mine got stolen and stripped "
- Haley.pelton
- Resident
- 4y ago
"There are not a lot of community events here, it’s only recently become residential. The park on 5th is pretty active."
- Yamelies D.
- Resident
- 4y ago
"Short distance to everywhere, everything is so close you really don’t need a car unless you going food shopping and you have to walk it and have it delivered to your house. Unless you want to ask for a favor to a neighbor or a friend"
- Yamelies D.
- Visitor
- 4y ago
"The neighborhood just not good. To many drugs and it’s not save. I want for my kids to be safe going in n out of the house "
- Majalae M
- Resident
- 4y ago
"It’s dangerous.needs a lot of work.PERIOD Too much prostitution and drug use.Not suitable for kids family and couples. "
- Talianacortes69
- Resident
- 5y ago
"Yeah there’s great parks for children but the feans and drug dealers are out numbered if you rent a house around here best thing to do is stay home go to work and back home that’s all do not let your children outside especially without adult supervision "
- Emmacaballero19133
- Resident
- 5y ago
"We have block parties and we celebrate a lot of events together!! I grew up here and it’s comfortable for me!"
- John R. J.
- Resident
- 5y ago
"I lived here for 7 years so far. After growing up in Delaware County I felt welcomed by my new neighbors and safe in my own neighborhood."
- Tab
- Resident
- 5y ago
"My neighbor has great access to public transportation. It’s also upcoming in a stylish sense, more modern. "
- Snucky r.
- Resident
- 5y ago
"I own a dog and I walk her all the time in the community park. It is an awesome experience for her. There are always other dog owners walking their dogs and the pups can make friends."
- Timpeterson4567
- Resident
- 5y ago
"yes Lots of Grass. I think it really really really enjoyed the atmosphere and I think they would like people some of the people will all the people are great around here nighttime is pretty safe and is lots of police protection next to the hospital is good also and there's lots of shopping areas close to public transportation got to check it out very very very very nice"
- Jarlina
- Prev. Resident
- 5y ago
"The neighbor could be very helpful at times. The unity is there when it comes to keep the neighborhood clean"
- Rebecca F.
- Resident
- 5y ago
"it's still affordable and raw and near everything I need. it's not for everyone , it's still diverse and has people who have lived here for generations"
- Millerc2563 c.
- Resident
- 5y ago
"It’s a upcoming neighborhood with many great restaurants near by. Stores, restaurants and gyms are all within walking distance. Fishtown is a fun area to live at."
- Beth B.
- 13y ago
". Quiet neighborhood that is clean and has a mix of people living here.Great place for a family that is just starting out. House is small but with a new family starting will give this house love and tlc."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lucas Pfaff, Keller Williams Main Line
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1946 N 5th St, Philadelphia, PA 19122 is a 4 bedroom, 1,942 sqft multi-family built in 2023. 1946 N 5th St is located in West Kensington, Philadelphia. This property is currently available for sale and was listed by Bright MLS on Apr 17, 2024. The MLS # for this home is MLS# PAPH2342552.