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1206 N 5TH STREET
1206 N 5TH STREET
1206 N 5TH STREET
1206 N 5TH STREET
1206 N 5TH STREET
1206 N 5TH STREET
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1206 N 5TH STREET
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For Sale

1206 N 5TH STREET

1206 N 5TH STREET, PHILADELPHIA, PA 19122

$525,000
1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 9% cap rate, so you generate income on day one. All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enormous ceilings and excellent natural light, and the commercial space features a traditional storefront facade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided upon successful offer for the Buyer's review. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside.

2
beds

2,715 Sq.Ft. LIVING AREA

1,338 Sq.Ft. lot

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/3/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Bright MLS, Inc. all rights reserved.

Data last updated on 12/3/2025 at 2:30 AM UTC

Stacy Sanseverino

Stacy Sanseverino

Features & Amenities

Interior

  • total bedrooms2
  • Flooring Wood, Ceramic Tile
  • APPLIANCES Gas Water Heater

Area & Lot

  • Status For Sale
  • Living Area2,715 Sq.Ft.
  • Total Area2,715 Sq.Ft.
  • Lot Area1,338 Sq.Ft.
  • MLS® IDPAPH2586360
  • TypeMulti-Family
  • YEAR BUILT1915
  • NeighborhoodPhiladelphia
  • Architecture StylesTraditional
  • Elementary SchoolJAMES R. LUDLOW
  • Middle SchoolJAMES R. LUDLOW
  • High SchoolPENN TREATY
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • water SourcePublic
  • PoolNone
  • parkingOn Street
  • HEAT TYPENatural Gas, Hot Water, Radiant
  • AIR CONDITIONINGWindow Unit(s), Electric
  • sewerPublic Sewer
  • SubstructureStone

Financial

  • Sales Price$525,000
  • Real Estate Tax $4,774/yr
  • Zoning CMX2
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Thank you for your interest in 1206 N 5TH STREET, PHILADELPHIA, PA 19122. We are reviewing your request and will be in touch shortly!

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