$1,499,000 555 N 5th Street Northern Liberties

MLS: PAPH933094   Type: Townhouse   County: Philadelphia   City: Philadelphia   Area: 19123   Neighborhood: Northern Liberties   Zip: 19123   Style: Traditional     Stories: 4   Taxes: $3,515

Mortgage $7,038 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

5

2

1

5,130

3,485

1920

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

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Distance: N/A Miles
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Price History

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

Acceptable Financing Cash, Conventional
Accessibility None
Appliances Dishwasher, Dryer, Washer, Oven/Range - Gas
Architectural Style Traditional
Association Y/N N
Condo/Coop Association Y/N N
Construction Materials Masonry
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Exclusions All Artwork, Bar in Dining Room, Metal Bookshelves in 4th Floor Owner's Bedroom
Garage Y/N N
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features Crown Moldings, Wood Floors
Levels 4
MLS Area 19123 (19123)
New Construction N
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Patio/Porch Features Patio(s), Deck(s)
Possession Immediate
Price Per Sq Ft 292.2
Property Type Residential
Real Estate Owned Y/N N
Senior Community Y/N N
Sewer Public Sewer
Structure Type End of Row/Townhouse
Subdivision Name NORTHERN LIBERTIES
Tax Year 2020
Vacation Rental Y/N N
Water Access 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
Basement Unfinished
Basement Y/N Y
Bathrooms Count All Lower Levels 0
Bathrooms Count All Upper Levels 2
Bathrooms Count Lower Level 1 0.00
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 Lower Levels 0
Bathrooms Full All Upper Levels 1
Bathrooms Full Lower Level 1 0
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 Lower Levels 0
Bedrooms Count All Upper Levels 4
Bedrooms Count Lower Level 1 0
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 N
Fireplace Y/N Y
Full Baths 2
Heating Fuel Natural Gas
Heating Y/N Y
Hot Water Natural Gas
Living Area 5130
Main Level Bedrooms 1
Total Baths 3
Total Bedrooms 5
Total Fireplaces 5

Exterior Features

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
Pool Y/N No Pool
Total Parking Spaces 0
Type of Parking None
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-PAPH933094-555-N-5th-Street-Philadelphia-PA-19123

Gallery (56 photos)

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Property vs Zip Code Avg (19123)

Price 1.49M Avg 695K

Sqr Feet 5,130 Avg 2,395

Cost / Sqr Ft $292 Avg $291

Taxes $3,515 Avg $4,633

Acres 0.08 Avg 0.02

Visits 15 Avg 59

Days on Site 12 Avg 102

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Location & Address

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