1802 N 5th St, Philadelphia, PA 19122
Local realty services provided by:ERA Reed Realty, Inc.
1802 N 5th St,Philadelphia, PA 19122
$799,000
- 6 Beds
- - Baths
- 3,051 sq. ft.
- Multi-family
- Active
Listed by:steven onesti
Office:kw empower
MLS#:PAPH2460944
Source:BRIGHTMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$261.88
About this home
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. Don’t 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).
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Home facts
- Year built:2019
- Listing ID #:PAPH2460944
- Added:194 day(s) ago
- Updated:October 05, 2025 at 01:38 PM
Rooms and interior
- Bedrooms:6
- Living area:3,051 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Electric, Forced Air
Structure and exterior
- Year built:2019
- Building area:3,051 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$261.88
- Tax amount:$2,582 (2024)
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