1831 S 5th St, Philadelphia, PA 19148
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1831 S 5th St,Philadelphia, PA 19148
$425,000
- 6 Beds
- - Baths
- 2,475 sq. ft.
- Multi-family
- Active
Listed by: ben finelli
Office: re/max ready
MLS#:PAPH2434530
Source:BRIGHTMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$171.72
About this home
This property is legally zoned three unit building with active rental licenses located in Dickinson Narrows, South Philadelphia, close to the neighborhoods of East Passyunk, Moyamensing & Pennsport. This property is adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridors and surrounded by residential & multi-unit development and major infrastructure projects. This triplex is three large 2 bedroom/1 bathroom units through the 3 story structure, with a backyard and common easement. Enter into the vestibule and find a hallway with a door that leads to the first floor unit with access to the backyard. The second floor unit is not self-contained providing a value-add upside play to convert into two studios bringing the total unit count to 4 or more units. There are 4 gas meters (1 house), brand new 240 electrical service and heads, 3 water heaters, and 1 heating furnace. Common heat is currently configured for the building but switching to in-unit baseboard electric would be wise and economical. Cosmetic upgrades throughout building, with in-unit washer/dryer on third floor unit. If you are looking to house hack, an apartment unit can be made available to you. All units are currently occupied grossly below market rates 1) $950, 2) $1,100, 3) $1,200 (prior lease $1,400). Within short distance from this property lies East Passyunk Ave, which holds over 160 independent businesses and retail locations, ranging from multicutltural cuisines, entertainment, bars, shopping, retail, the arts, and many other amenities. East Passyunk is home to James Beard International food award recipients and is one of Food & Wine Magazine's Top 10 Foodie Destinations in the country. Dickinson Narrows also is adjacent to the Riverwards along the Delaware River, with many amenities and festivities for families and residents of all ages. Owner is a licensed PA agent/reatlor.
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Home facts
- Year built:1915
- Listing ID #:PAPH2434530
- Added:351 day(s) ago
- Updated:December 30, 2025 at 02:30 PM
Rooms and interior
- Bedrooms:6
- Living area:2,475 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,475 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$171.72
- Tax amount:$5,233 (2025)
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