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5539 N 5th St, Philadelphia, PA 19120

$390,000

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List Price: $390,000
Status: ACTIVE
MLS#: PAPH2678824
Year Built: 1910
County: Philadelphia
School District: Philadelphia City

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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 + tons of foot traffic), 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 uses from food & beverage to retail, personal services, or professional offices (see docs). 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.

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Additional Information

Area: 19120 (19120)
Subdivision: Olney
School District: Philadelphia City
Heating: Forced Air
Cooling: Other
Water: Public
Sewer: Public Sewer