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5900 Market Street

Philadelphia PA 19139

4
3520 sq. ft.
1336 sq. ft.
Other
Currently for sale - view listing

Overview

Turnkey multifamily investment opportunity in West Philadelphia: corner mixed-use building with 5 residential units plus 1 commercial space, fully-occupied with an in-place 9% cap rate! Fully-renovated in 2022. Located at the intersection of 59th Street and Market Street, just 1 block from the 60th Street stop on the MFL, this well-maintained asset provides both immediate cash-flow and future upside as the surrounding neighborhood continues it's growth trajectory. Comprised of six total units: one commercial space, two studios, two one-bedroom apartments, and one two-bedroom apartments. Generating $5,877 per month in rents ($70,524 annually). Local amenities include: Cobbs Creek Golf Course: "an industry leading restoration project that includes a multitude of golf and community amenities"; Restaurants: Aku's Kitchen, Liberty Halal Gyro, Yock's Sandwich-Ville USA; Schools: Barry Community John School, Sanctuary Christian Academy, William L Sayre Middle School; Grocery Stores: Market at University Square, African Expressions, The Fresh Grocer; Parks & Rec: Haddington Park, Haddington Recreation Center, Cobbs Creek. Offering memorandum available upon request. See virtual tour link for videos of interior.

Features

4 bedrooms
3520 sq. ft. floor area
1336 sq. ft. lot size
Other

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 4 bedroom other properties in Philadelphia

In the last 12 months, 1 four-bedroom other similar to 5900 Market Street, have been sold.

This represents a 50% increase in four-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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