506 S 5th St
Listing Notes
This income-producing property is located in South Philadelphia, close to the intersection of Lombard and 5th Street. It features three rental units along with a commercial space on the first floor currently leased to a boutique for $1,800 per month. The second-floor apartment rents for $1,425 per month, while the third-floor apartment brings in $1,600 monthly. The property underwent renovations around 2022, making it a solid investment opportunity. Local grocery store Acme is around 3 min and Wholefood is within 10min.
Comps
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Mortgage Calculator
- Due at close
- $205,025
- Loan amount
- $521,250
- Loan to value
- 75%
- Principal & interestLoan scenario$3,645
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Listing activity
- Days on market
- 1 day
- Last price change
- No change recorded
Where it is
For sale Coming soon Recently sold— zoom out for more