5801 Christian St Philadelphia, PA 19143
- Investment properties
- 2,000 SF
- 0.03 lot acres
Current Use by Public Records
- Ock Express 58th St Convenience / Convenience Store
Property Details for 5801 Christian St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.03 lot acres
- Property size
- 2,000 SF
- Zone code
- RSA5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 87-1-6021-00
- APU
- 871602100
Description
This exceptional mixed-use property at 5801 Christian Street in Philadelphia, PA, presents a compelling investment opportunity. The building encompasses 3,600 square feet on a 0.03-acre lot and is priced at $320,000. The property features a two-level design, offering both commercial and residential spaces. The ground floor includes a partially finished commercial unit with a sizable basement, ideal for storage or expansion. Its adaptable layout suits various businesses, such as a hair salon, nail salon, or restaurant. A supplementary income stream is generated by a small rear section currently leased to a seasonal water ice vendor. Upstairs, a completely renovated three-bedroom apartment awaits, complete with attractive hardwood floors. This unit is immediately habitable, suitable for tenants or owner-occupancy. The property benefits from high visibility and significant foot traffic, making it an attractive proposition for business owners, investors, or those seeking a blend of commercial investment and residential living. This is a rare chance to acquire a versatile property in a desirable Philadelphia location. The combination of established rental income and the potential for further commercial development makes this an exceptional investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2395
- Latitude
- 39.9491
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA