1010 N 5Th Street Philadelphia, PA $ 1,150,000
1010 N 5Th Street
$ 1,150,000
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1010 N 5Th Street

Philadelphia, PA, 19123
$ 1,150,000
Bedrooms-- Baths-- Sq 3,686

Monthly Estimate*

$ 7,261

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Commercial Property for sale in Philadelphia, PA

for $1,150,000. This 3,686 square foot building was built in 1920 on a lot size of 0.06.

Classic brick-front Philadelphia semi-detached row in highly sought-after Northern Liberties. Large multifamily building with separate utilities. Functional units with some updated kitchens/baths. Layout: front studio, two 1bed front units, and a spacious bi-level 2bed rear with private entrance, huge yard, and off-street parking. Formerly connected to a renovated non-conforming studio (5th unit) via internal stairs, offering conversion potential. Units feature natural gas boilers, gas water heaters, and mini-split AC. Strong neighborhood appreciation history and upside potential. Offering memorandum available upon request. Listing agent related to owner. The financial information presented herein is based on seller-provided operating history and is believed to be accurate but has not been independently verified. Real estate taxes reflect the 2026 tax year. Prospective purchasers should perform their own due diligence regarding future tax assessments and operating expenses. Repairs and maintenance expenses are based on the property's 2025 operating history. Ownership has historically self-managed the property; accordingly, no third-party management expense has been included in the operating statements. Investors should underwrite an appropriate management fee based on their intended ownership and management structure. The property has been maintained as a long-term investment and features a proven rental history. Several units have been renovated over time as they became vacant, with remaining legacy units presenting an opportunity for continued value creation through future renovations and rent growth. The pro forma financials, where provided, are intended to illustrate the potential income achievable through stabilization at market rental rates and should not be construed as a guarantee of future performance. All prospective purchasers are encouraged to independently verify income, expenses, leases, taxes, and all other financial information as part of their due diligence.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 10,778

Style

Apartment Building

Lot Size

0.06

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2649938

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas Multi-tank
Heating Y/N Y
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Radiator Baseboard - Hot Water
Cooling Ductless/Mini-Split
Possession Settlement
Zoning RSA-5
Construction Materials Brick Front Masonry Stone
Year Built 1920
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 85800.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 71177.00
Insurance Expense 3869.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 3500.00
Subdivision Name NORTHERN LIBERTIES
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
MLS Area 19123 (19123)
Lot Size Units Square Feet
Lot Size Square Feet 2614.00
Tax Annual Amount 10778.0
Trash Expense 500.00
Price Per Sq Ft Total AG 311.99
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Total Actual Rent 84000.00
Cap Rate 5.85
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Exterior
Water Source Public
Type of Parking Driveway On Street
Water View Y/N N
Building Area Total 3686.00
Lot Size Acres 0.06
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1010
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* Excluded Features
List By
Jg Real Estate Llc

Broker

max@jg-realestate.com

Email

Affordability Calculator

$8,159
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$898
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2026$1,150,000 Listed Price

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1010 N 5Th Street, Philadelphia, PA, 19123 is a Commercial Property for sale at $1,150,000 with 3,686 sqft and a lot size of 0.06. 1010 N 5Th Street was built in 1920. The property's zip code is 19123 which is in Philadelphia, PA