$1,600,000 555 N 5th Street Northern Liberties

MLS: PAPH866918   Type: Townhouse   County: Philadelphia   City: Philadelphia   Area: 19123   Neighborhood: Northern Liberties   Zip: 19123   Style: Traditional     Stories: 3   Taxes: $3,515

Mortgage $7,512 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

5

2

1

5,130

3,485

1870

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.

Elementary School

Middle School

High School

Kearny Gen Philip
Distance: 0.18 Miles
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Distance: N/A Miles
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Distance: N/A Miles

Price History

1/30/2020 Listed $1,600,000

Accessibility None
Association Y/N N
Condo/Coop Association Y/N N
Cool Fuel Electric
County PHILADELPHIA
Elementary School KEARNY GEN PHILIP
Exclusions All Artwork, Bar in Dining Room, Metal Bookshelves in 4th Floor Owner's Bedroom
Garage Y/N N
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Levels 3+
MLS Area 19123 (19123)
New Construction N
Ownership Fee Simple
Possession 61-90 Days CD
Price Per Sq Ft 311.89
Property Type Residential
Senior Community Y/N N
Structure Type Row/Townhouse
Tax Year 2020
Vacation Rental Y/N N
Zoning RSA5

Interior Features

Above Grade Finished Area 5130
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Appliances Dryer, Washer, Dishwasher, Oven/Range - Gas
Basement Other
Basement Y/N Y
Bathrooms Count All Upper Levels 2
Bathrooms Count Main Level 1.00
Bathrooms Count Upper Level 1 0.00
Bathrooms Count Upper Level 2 1.00
Bathrooms Count Upper Level 3 1.00
Bathrooms Full All Upper Levels 1
Bathrooms Full Main Level 1
Bathrooms Full Upper Level 1 0
Bathrooms Full Upper Level 2 1
Bathrooms Half All Upper Levels 1
Bathrooms Half Upper Level 3 1
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 2
Bedrooms Count Upper Level 2 1
Bedrooms Count Upper Level 3 1
Below Grade Finished Area 0
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft 0
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Y
Cooling Central A/C
Fireplace Y/N Y
Full Baths 2
Half Baths 1
Heating Forced Air
Heating Fuel Natural Gas
Heating Y/N Y
Living Area 5130
Main Level Bedrooms 1
Room Type Basement
Total Baths 3
Total Bedrooms 5
Total Fireplaces 5

Exterior Features

Architectural Style Traditional
Construction Materials Masonry
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 N
Other Structures Above Grade, Below Grade
Patio/Porch Features Deck(s), Patio(s)
Pool Y/N No Pool
Sewer Public Sewer
Type of Parking None
Water Access Y/N N
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools



Direct Link:

https://michael.searchphillylistings.com/property/382-PAPH866918-555-N-5th-Street-Philadelphia-PA-19123

Gallery (49 photos)

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Property vs Zip Code Avg (19123)

Price 1.60M Avg 684K

Sqr Feet 5,130 Avg 2,101

Cost / Sqr Ft $312 Avg $326

Taxes $3,515 Avg $5,268

Acres 0.08 Avg 0.03

Visits 664 Avg 41

Days on Site 30 Avg 108

Walkscore® 93 Avg 93

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Space & Company




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Location & Address

Michael Garden
2200 Walnut Street
Philadelphia, PA
215-500-2981
215-625-4721