Blue Sapphire

5510 N 5TH STREET

PHILADELPHIA , PA 19120

MLS#: PAPH2433856

$170,000

Status: Active
Listing number: PAPH2433856
Listing provided by: New Investment Realty
Listing agent phone: None
Last update: 10 months ago
On site: 11 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

Welcome to the very busy and dense area of N 5th St. There are lots of walk by traffic and this retail currently boasts of a new clothing consignment tenant that pays $1,592/ month (includes water, trash tax) 3 year lease with a 3 year option that has $50 increases each year with a 3 year option. The CAP rate is at 9.5%. Investor's dream with a solid paying tenant, never late, and a great gentrifying area.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $170,000

  • Tax Amount

    2168.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

PHILADELPHIA

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Middle School

High School

Listing Courtesy of Michael Choe , New Investment Realty

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Franko Agent

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(893) 213-821

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Welcome to the very busy and dense area of N 5th St. There are lots of walk by traffic and this retail currently boasts of a new clothing consignment tenant that pays $1,592/ month (includes water, trash tax) 3 year lease with a 3 year option that has $50 increases each year with a 3 year option. The CAP rate is at 9.5%. Investor's dream with a solid paying tenant, never late, and a great gentrifying area.

5510 N 5TH STREET

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