Philadelphia, PA 19120,6003 N 5TH ST
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Philadelphia, PA 19120,6003 N 5TH ST
Philadelphia, PA 19120,6003 N 5TH ST
Philadelphia, PA 19120,6003 N 5TH ST
Philadelphia, PA 19120,6003 N 5TH ST
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Listed by Peter Han • PK PROPERTY INC.
$ 279,000
Est. payment /mo
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6003 N 5TH ST Philadelphia, PA 19120

1,342 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2577628

Year Built 1945

Annual Tax Amount $2,357

Tax Year 2025

Lot Size 1,342 Sqft

Acres 0.03

Lot Dimensions 15.00 x 89.00

Property Sub-Type Retail

Source BRIGHT

Property Description

This property includes a basement and a two-story building. The first floor has been operating as a breakfast restaurant for a long time and is currently run by the seller. It has a cooking grill and is approximately 1300 square feet. The second floor has three bedrooms, one bathroom, and a kitchen. Two of the rooms are currently rented out, one for $600 and the other for $400. The third room could also be rented for $600. The price of $279,000 is for the building only. If you want to buy the business as well, you would pay an additional $49,000. The seller wants a 10-year lease with a rent of $1500 per month if only the building is sold. This would generate approximately $37,200 in annual rent from the entire building. After deducting insurance ($3,500) and property taxes ($1,500), the net annual rent would be approximately $32,000. The first-floor restaurant space can be used for any type of restaurant, not just breakfast and lunch.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CMX25

Interior

Hot Water Natural Gas

Heating Wall Unit

Cooling Central A/C

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871583650

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange, Negotiable

Listing Terms Cash, Conventional, Exchange, Negotiable

Financing Cash,Conventional,Exchange,Negotiable

Special Listing Condition Standard


Bright MLS (BMLS)
ROBYN BURDETT

ROBYN BURDETT

Associate Broker

+1(703) 967-5899

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6003 N 5TH ST