987 N 5Th Street

Philadelphia, PA
$ 585,000 Beds 5 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

LEGAL DUPLEX. TWO RENTAL LICENSES AND A USE VARIANCE HAVE BEEN GRANTED! Attention investors and owner occupants looking to live in one unit and rent the other! Welcome to 987 N 5th Street, a charming and very spacious, duplex in Northern Liberties on a beautiful tree lined Street. Both units are bi-level and feature many of the original details. Put in a bit of TLC and raise rents up to market value. The downstairs tenant just moved out. This unit features a 2 bedroom/ 1 full bath apartment with den, a spacious rear yard, a large kitchen and living room, and access to the basement with in unit laundry and storage. The first floor of this apartment is the living space, den, kitchen, and also provides access to the yard. When you head upstairs you will find the two bedrooms and the bathroom. The upstairs apartment is currently rented way under market rent until 12/31/2020 at $1200/month and features 3 oversized bedrooms and a full bathroom. This unit is very spacious and offers a large kitchen, washer and dryer in unit, and large living room, and bathroom on the main floor. Head upstairs to find the three bedrooms. The property has has tons of charm, lots of natural light, separate HVAC units, Gas and Electric meters. Tenants currently pay for all utilities besides water. This duplex has a ton of potential and is located in one of the best areas in Northern Liberties. Close walk to many coffee shops, bars, and restaurants and a quick walk to 2nd Street, the Girard EL Station, Fishtown, and Old Kensington. Virtual matterport tours attached for both units.

Contingent

  • Price
  • $ 585,000
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 5
  • Full Bathrooms
  • 0
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 6940
  • County
  • PHILADELPHIA
  • Style
  • Straight Thru,Traditional
  • Area
  • 19123
  • MLS#
  • PAPH924224
  • Zip
  • 19123
Listing Provided by: Compass Pennsylvania, LLC

Features

General

Accessibility None
Architectural Style Straight Thru, Traditional
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Garage Y/N No
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Historic Y/N No
MLS Area 19123 (19123)
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2
Ownership Fee Simple
Possession 0-30 Days CD, 31-60 Days CD
Price Per Sq Ft 209.68
Property SubType Duplex
Property Type Multi-Family
Real Estate Owned Y/N No
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Subdivision Name NORTHERN LIBERTIES
Tax Year 2020
Total Units 2
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning LEGAL DUPLEX

Interior Features

Basement Other
Basement Y/N Yes
Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 2790
Three Bedroom Units Count 1

Exterior Features

Lot Dimensions 17.31 x 86.75
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1502.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Fredicksburg, Virginia office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/11/2020 Listed $599,900
8/26/2020 3% - $585,000

Property vs Zip Code Average in 19123

Price
AVG $340K
$590K
Taxes
AVG $5,686
$6,940
Visits
AVG 61
68
Year Built
AVG 1963
1920

Map

987 N 5Th Street Philadelphia, PA is a Single Family Home for sale at $585000 and a lot size of 1,307 SqFt Acre(s). 987 N 5Th Street Philadelphia has 5 bedrooms, 0 baths and was built in 1920. The property's zip code is 19123 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.