5039 Springfield Avenue

Philadelphia, PA 19143

$649,900
Price
6
Beds
5
Baths
3,780 Sq. Ft.
$172 / Sq. Ft.
3,780
Sq. Ft.
$172
per Sq. Ft.

Description

This is a fully renovated, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily...This is a fully renovated, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
  1. Listed by Neil P Dessecker • RE/MAX One Realty - TCDT
    P: (215)-241-1156 neil.dessecker@gmail.com

Property Details for 5039 Springfield Avenue

Tax ID Number
511262200
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
WEST PHILADELPHIA
Subdivision
WEST PHILADELPHIA (PHILADELPHIA PA)
LISTING UPDATED: 11/11/2024 02:27 PM

Property Details for 5039 Springfield Avenue

StatusActive
MLS #PAPH2380862
Days on Market147
Taxes$9,036 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.06 AC / 2,646 SF
CountyPhiladelphia County

Building Information for 5039 Springfield Avenue

Stories-Residences4Year Built1915Building Size-Lot Size0.06 AC / 2,646 SF

Property Information for 5039 Springfield Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $645,500
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $516,400
  • City Town Tax: $3,976
  • Land Assessed Value: $129,100
  • Land Use Code: U50
  • Historic: No
  • Zoning: RM-1
  • Zoning Dscrp: City Cert included in the Documents tab. Zoning Classification RM-1, legally registered for use as a 5-unit dwelling.
  • Tax Lot: 175
  • School Tax: $5,060
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Finished SQFT: 1100
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 700
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 700
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 700
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 5
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 700
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $60,240
  • Cap Rate: 6.18
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 25.00 x 108.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner, Rear Yard
  • Location Type: Corner Lot/Unit
  • Parcel ID: 1249270
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 5039 Springfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5039 Springfield Avenue

Taxable ValueLand$129,100Additions$516,400Total$645,500
Tax Record2024$9,036 ($753 / month)
Home Facts
Total Finished SqFt3,780 SqFtAbove Grade Finished SqFt3,780 SqFtStories3Lot Size2,646 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN51-1-2622-00

Schools near 5039 Springfield Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harrington Avery D School
PublicK to 8

Sayre William L Middle School
Public9 to 12

The Workshop School
Public9 to 12

Motivation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5039 Springfield Avenue is a multi-family home for sale in Philadelphia, PA 19143. This property was listed for sale on July 28, 2024 by RE/MAX One Realty - TCDT, it's currently listed at $649,900. It has been on the market for a total of 147 days and was last sold on May 31, 2019. This listing's school district is The School District of Philadelphia. Nearby schools include Harrington Avery D School, Sayre William L Middle School and The Workshop School. 5039 Springfield Avenue is a 6-bed, 5-bath, 3,780 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX One Realty - TCDT

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.