5039 Springfield Ave

PHILADELPHIA, PA 19143

About this property

This is a fully renovated, fully occupied, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!

About this property

This is a fully renovated, fully occupied, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!

Features and Additional Information

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$649,900 Active-bright
3,780 SqFt

Presented By Class-Harlan Real Estate

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1-215-467-2892
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Area Information

19143 (19143) | PHILADELPHIA PA County | WEST PHILADELPHIA

$ 649,900
This listing is play_arrow 336.2% higher than the average in the area
$ 149,000 in the area
3,780 SqFt
This listing is play_arrow 231.6% larger than the average in the area
1,140 SqFt in the area
$ 172 $/SqFt
This listing is play_arrow 31.5% more than the average in the area
$ 131 $/SqFt in the area
331 days on site
This listing is play_arrow 150.8% above the average in the area
132 days on site in the area

Schools in the Area

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Listed By Neil P Dessecker
Brokerage: RE/MAX One Realty - TCDT

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