$390,000

For sale

5539 N••••• 5th St (Sign up for 50 free credits to unlock)Philadelphia, PA 19120

2Beds
1.5Baths
1,800Sq Ft Living
1,692Sq Ft Lot
1910Year Built

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

$260,253Range $208,202 to $312,303

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