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MLS: #PAPH2586360, Listed By: Stacy Sanseverino, KW Empower, Source:Bright MLS

1206 N 5th Street

PHILADELPHIA, PA 19122
Mark as Favorite
Bed 2

Bed

Bath 0

Bath

SqFt2,715

Sqft

Acres0.03

Acre(Lot)

1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 10.5% cap rate, so you generate income on day one. The new price reflects some capital improvements that are needed to sustain the building for the next 100 years! All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enorm ous ceilings and excellent natural light, and the commercial space features a traditional storefront façade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided to the Buyer for their review after their offer is accepted. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside.

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Detail Ic Property Details

Property Type : Residential Income

Price : $450,000

AD Id : 75974670

MLS Id : PAPH2586360

Beds : 2

Lot Size : 0.03 Acre

Living Area Size : 2,715

Year Built : 1915

County : PHILADELPHIA

Subdivision: Northern Liberties

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Feature Features

  • Bedroom Information

    Total beds: 2
  • Flooring Information

    Wood, Ceramic Tile
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric

  • Building Information

    Year Built: 1915 Building Area Total: 2715 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 17.00 x 78.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1338

    Property Information

    Subdivision: NORTHERN LIBERTIES Source Property Type: Residential Income Postal Code Plus 4: 4538 Zoning Description: Mixed-use (1 Commercial Unit & 3 Residential Units) Property SubType: Quadruplex Property Age: 111

  • Listing Price Information

    Listing Price: $450000

  • Tax Information

    Parcel Number: 871524510 Tax Lot: 36 Tax Year: 2026 Annual Tax: $4774

  • Parking Information

    On Street

  • School Information

    Elementary School: JAMES R. LUDLOW
    Junior High School: JAMES R. LUDLOW
    Senior High School: PENN TREATY
  • Location Information

    Direction: North on 5th Street, between Girard Ave and Thompson Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2006 N Front Street, Philadelphia, PA, 19122 $754,900 4 -- 2,939 2,939 SqFt
2146 N Front Street, Philadelphia, PA, 19122 $799,000 6 -- --
107 TO 115 W Thompson S.., Philadelphia, PA, 19122 $1,024,999 10 -- 3,308 3,308 SqFt
119 W Susquehanna Avenue, Philadelphia, PA, 19122 $2,250,000 12 -- 4,500 4,500 SqFt
125 W Susquehanna Avenue, Philadelphia, PA, 19122 $899,000 6 -- 3,365 3,365 SqFt
153 W Jefferson Street, Philadelphia, PA, 19122 $1,900,000 3 -- 14,750 14,750 SqFt
1747 Tilghman Street, Philadelphia, PA, 19122 $950,000 4 -- 4,160 4,160 SqFt
1500 N 2nd Street, Philadelphia, PA, 19122 $2,200,000 9 -- --
1628 N 2nd Street, Philadelphia, PA, 19122 $480,000 6 -- 2,825 2,825 SqFt
1613 N Philip Street, Philadelphia, PA, 19122 $450,000 3 -- 1,620 1,620 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 23:03

MLS: PAPH2586360 LISTED BY: Stacy Sanseverino, KW Empower 215-627-3500 SOURCE: Bright MLS

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