5000 Florence Ave, Philadelphia, PA 19143

Philadelphia
Local realty services provided by:ERA Martin Associates
5000 Florence Ave,Philadelphia, PA 19143
$589,000
  • 5 Beds
  • 3 Baths
  • 2,550 sq. ft.
  • Townhouse
  • Active
Listed by: brannon john, noah s ostroff
Office: kw empower
MLS#:PAPH2541744
Source:BRIGHTMLS

Price summary

  • Price:$589,000
  • Price per sq. ft.:$230.98

About this home

Currently a Triplex with RM-1 Zoning allowing you to change it back into your dream home single family or add an additional 2 units as multi-family. Seller Assist Available with approved offer. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented below mark rate, two 2bed/1bath and one 1bed/1bath bringing in $48,000 annually. The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased...

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Home facts

  • Year built:1925
  • Listing ID #:PAPH2541744
  • Added:291 day(s) ago
  • Updated:July 16, 2026 at 02:01 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Side Entrance
  • Living area:2,550 sq. ft.

Heating and cooling

  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:2,550 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$230.98
  • Tax amount:$5,916 (2025)

Parking

  • Parking description:Additional Storage Area, Detached Garage
  • Garage:Yes
  • Garage spaces:2

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