3601-3 N 5TH ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2518774
Year Built 1915
Available Date 2025-07-23
Annual Tax Amount $2,467
Tax Year 2024
Lot Size 4,185 Sqft
Acres 0.1
Lot Dimensions 40.00 x 105.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This double-lot property features 3601, a mixed-use building that includes a commercial space in the front, previously a barbershop, along with 2 apartments in the rear, double door garages. That all currently generate rental income. The 2nd & 3rd floors, consist of an 11 room short-term/boarding room rental, which is all managed by an on-site property manager who currently resides at the premises. These rooms typically have a low vacancy rate throughout the year. Adjacent to it, 3603 is a commercial building currently leased to a body shop.
This property is turnkey and generates great rental income. This could be fit for a business owner who wants to occupy the commercial space and continue to lease out the rest of the property. Another option would be to build additional rooms on the first floor or simply rent it as is. Owners have decided to leave 1F empty for the time being for Buyers to have more flexibility on they acquire the property.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Central,Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility 32\"+ wide Doors,>84\" Garage Door
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881006915
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard