3926 5Th StPhiladelphia, PA 19140

Property Details for 3926 5Th St

Year built

1920

Property size (Sq ft)

1,190 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This charming 1,190 sq ft Philadelphia duplex, built in 1920, presents a compelling investment opportunity. Located at 3926 N 5th St, this Fee Simple owned property boasts two spacious 2-bedroom, 1-bathroom apartments, each with a separate entrance. Recent updates include repaired walls and floors, a new roof, and an efficient boiler system. Each unit features its own electric meter and hot water heater, while the building shares a single gas and water meter. Basement access is via Bilco doors at the front of the building. The property sits on a 1,277 sq ft lot and is classified as Class C multifamily. Its convenient location offers proximity to various amenities, including restaurants, schools, grocery stores, and public transportation (BSL NRG Station is 19 minutes from Fern Rock TC at the Erie Station). Nearby parks include Hunting Park, Lighthouse Field, and Mann Recreation Center. This property is ideal for owner-occupants seeking rental income or investors looking to expand their portfolio. The asking price is $160,000 ($134.45/sq ft), with a land value of $142.86/sq ft. The property qualifies for the CRA program, allowing for a conventional loan without mortgage insurance. All potential buyers are responsible for conducting their own due diligence to verify zoning and property details.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0112

Longitude

-75.1363

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