Philadelphia, PA 19140,3601-3 N 5TH ST

$450,000

Est. payment /mo

$499,900

10.0%
Est.Price: ?

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3601-3 N 5TH ST Philadelphia, PA 19140

4,185 Sqft Lot

SOLD DATE : 11/22/2016

Key Details

Sold Price $450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision North Central

MLS Listing ID 1002456096

Sold Date 11/22/16

HOA Y/N N

Originating Board TREND

Year Built 1916

Annual Tax Amount $1,540

Tax Year 2016

Lot Size 4,185 Sqft

Acres 0.1

Lot Dimensions 40X105

Property Description

Newly renovated three story Commercial Building/ Rooming House, containing 10 beautiful rooms, 5 rooms located on both the second and third floor. The 2nd and 3rd floor contain a large bathroom with a large double bowel sink, 2 stand-up showers and 2 toilet stalls. All rooms are on a month to month signed lease. On the first floor there is a gorgeous beauty salon/barber shop containing 7 styling/barber stations with two new large bathrooms, one for male and female. The basement is completely finished with mirrored walls and a half bathroom currently used as a studio/gym. The business is protected under ADT alarm company. The building has(9)video security cameras covering the entire exterior of the property and (2)cameras inside the beauty salon/barber shop. All new double hung vinyl windows through-out the building, 2 central air conditioning units one 5 ton unit for the 2nd&3rd floor of the rooming house, and one 3-ton AC unit for the 1st floor, salon/barber shop, two- 200AMP electrical service, all separate utilities, and a rubber roof. The exterior of the property is illuminated with commercial LED lights at night to provide extra security. The building is up-to-date with hard wire fire alarm system . The property also contains (1)large garage at 3603 N 5th street that holds approximately 6 cars used for auto repair and vehicle inspections and (1) medium sized garage at 3601 n 5th street rear of building that holds 4 vehicles and previously used as a auto glass repair shop. Both garages share a half bathroom with separate entrances. Above this medium size garage is a spacious two bedroom (1) full bathroom loft apartment, newly renovated. There is a comfortable handicap apartment at 3601 n 5th street 1st floor rear completely remodeled for the perfect stay, also newly renovated. All electric ,plumbing, heating, and central air conditioning is newer. Entire property just ready for the perfect owner. One of the owners is a realtor, this building is zoned commercial. All questions are to be referred to the owner, not the tenants or employees. This property has a positive cash flow.,Financial matters will be discuss with interested agents/ buyers.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning CMX2

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Flooring Vinyl

Fireplace N

Exterior

Utilities Available Water Available, Sewer Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground

Water Access N

Roof Type Flat,Rubber

Street Surface Other

Garage N

Building

Building Description Other, Fire Alarm,Security Lighting,Security System,Showers

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881006915

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Manuel P Joseph • Emmanuel Realty
Bought with Man K Kim • Sky City Properties

Cathi Powell

Realtor, Team Lead | License ID: MD-587850

+1(410) 419-5550

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