555 N 5Th Street

Philadelphia, PA
$ 1,499,000 Beds 0 Baths 0 Sq 5,130
Monthly Estimate* How much can I afford?

For visionaries, investors, and developers only, this is a truly unique property with a variety of development opportunities. There is much potential here, including renovation into a luxurious single-family home; a fabulous multi-family condo; an income-producing multi-family; an extraordinary boutique hotel; or home to a creative start-up business. The main structure was originally built as a magnificent single-family home in the 1870s including a garden where the small structure stands. In the first half of the 20th Century, the property was converted to a speakeasy last known as the Comet, which included a bar, rooms for gambling, and a bowling alley. The current owner purchased the property in 1984 and has since worked diligently to preserve its architectural beauty. At the time of the purchase in 1984, the property was zoned commercial. The property was rezoned to residential by the current owner in 2011 in order to obtain a residential mortgage. There is potential to rezone the property back to commercial use, as well as obtain a variance for a driveway cutout to convert the smaller building into a garage. Opportunity abounds. The photos speak for themselves.

Commercial

  • Price
  • $ 1,499,000
  • Lot Size
  • 3,485 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,130
  • Full Bathrooms
  • 0
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 3515
  • County
  • PHILADELPHIA
  • Style
  • Area
  • 19123
  • MLS#
  • PAPH933268
  • Zip
  • 19123
Listing Provided by: Space & Company

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Other
Construction Materials Masonry
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Exclusions all artwork, bar in the dining room, metal bookshelves in owner's bedroom on 4th floor
Flooring Hardwood
Heating Hot Water
MLS Area 19123 (19123)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 292.2
Property SubType Other
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Subdivision Name NORTHERN LIBERTIES
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA5

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 5130.00
Inclusions refrigerator, washer, dryer
Lot Dimensions 36.00 x 84.33
Lot Size Acres 0.08
Lot Size Source Assessor
Lot Size Square Feet 3300.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Old Bridge, New Jersey office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2020 Listed $1,499,000

Property vs Zip Code Average in 19123

Price
AVG $550K
$1.5M
Taxes
AVG $5,587
$3,515
Visits
AVG 39
35
Year Built
AVG 1942
1920

Map

555 N 5Th Street Philadelphia, PA is a Single Family Home for sale at $1499000 with 5130 sqft and a lot size of 3,485 SqFt Acre(s). 555 N 5Th Street Philadelphia has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 19123 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.