Pennsylvania
Philadelphia
5416 BALTIMORE AVENUE

$850,000

5416 BALTIMORE AVENUE, Philadelphia, PA 19143

Commercial Property
Built in 2023
2,178sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

***RECENT NEW CONSTRUCTION 5 UNIT BUILDING WITH TAX ABATEMENT**Built in 2023 this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located right on Baltimore Avenue the location is prime. The building consists of 5 residential units with a front paved fenced in space perfect for trash receptacles. UNIT 1: 1 bed/1 bath rented for $1,000. UNIT 2: 1 bed/1 bath rented for $1,250. UNIT 3: 1 bed/1 bath rented for $1,000. UNIT 4: 1 bed/1 bath rented for $1,175. UNIT 5: 1 bed/1 bath rented for $1,175. Building is conveniently electric with a unique side entrance up a private walkway to the units. Property is in excellent condition and maximizes space. Tax abatement began in 2024 and is good for 9 more years. The location can't be beat with its close proximity to Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. Also available are 316 S 52nd Street and 4811 Walnut Street.

Listing Status:: Active
Date Added:: March 4, 2025 at 06:00AM
Listing Office:: KW Empower : 2156273500
Listing Agent:: Michael P Cohen : 6103317213
MLS ID:: PAPH2444856

Flooring: Engineered Wood
A/C: Central A/C
Heating: Y90% Forced AirElectric
Disability Feature: None

This listing courtesy of Michael P Cohen, KW Empower

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Avery D. Harrington School

5300 Baltimore Ave # 34, Philadelphia, PA, 19143

Grades KG-8

0.10 miles away

Avery D. Harrington School

5300 Baltimore Ave # 34, Philadelphia, PA, 19143

Grades KG-8

0.10 miles away

Motivation High School

5900 Baltimore Ave, Philadelphia, PA, 19143

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.