$390,000
5539 N••••• 5th St (Sign up for 50 free credits to unlock)Philadelphia, PA 19120
Property Description
Seeking immediate cash flow paired with significant value-add potential? Positioned in the high-traffic 5th & Olney business corridor (30,000+ daily vehicle count), 5539 N 5th St offers an exceptional blend of steady rental income and operational flexibility. The ground floor features an occupied turnkey, fully equipped takeout restaurant with a full basement for storage. Upstairs, you'll find a partially renovated 2-bedroom apartment with substantial rent upside once completed. Versatile CMX-2.5 zoning permits the upper level for residential or commercial use, while allowing a wide variety of ground-floor uses-from food & beverage to retail, personal services, or professional offices. Perfect for an investor seeking turnkey returns or an owner-occupant looking to bring their own business vision to life! Contact me for a private showing.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 7, 2026
- Price per Sq Ft
- $217/sqft
- ZIP Code
- 19120
- Parking
- On Street
- Heating
- Forced Air
- Construction
- Masonry
- Style
- Traditional
- Property Tax (2026)
- $2,260/yr
- Assessed Value
- $161,500
- Last Sold
- $250,000 · Jan 2, 2025
- Neighborhood
- Upper North District
- County
- Philadelphia
- School District
- The School District of Philadelphia
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Lot Size Acres: 0.038843
- Lot Size Square Feet: 1692
Multi-Unit Info
- Number of Units: 2
- Number of 1 Bedroom Units: 0
- Number of 2 Bedroom Units: 1
- Number of 3 Bedroom Units: 0
Garage and Parking
- Parking Features: On Street
School Information
- School District: PHILADELPHIA CITY
Heating and Cooling
- Heating Features: Forced Air
- Heating: Yes
Other Property Info
- Annual Tax Amount: 2704
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Postal Code Plus 4: 2805
- Township: PHILADELPHIA
Building and Construction
- Total Square Feet Living: 1800
- Year Built: 1910
- Above Grade Finished Area: 1800
- BelowGradeFinishedArea: 0
- Construction Materials: Masonry
- Property Age: 116
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1800
- Architectural Style: Traditional
Location
Lat 40.03588 · Lng -75.13035