5840 Master Street

Philadelphia, PA 19151

$300,000
Price
Beds
3,102 Sq. Ft.
$97 / Sq. Ft.
3,102
Sq. Ft.
$97
per Sq. Ft.

Description

This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area,...This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia’s #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don’t miss out, schedule your appointment today!
  1. Listed by Jenette Coplin • EXP Realty, LLC
    P: (215)-776-4103 jenette.coplin@exprealty.com

Property Details for 5840 Master Street

Tax ID Number
871056400
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Subdivision
CARROLL PARK
Subdivision
CARROLL PARK (PHILADELPHIA PA)
LISTING UPDATED: 12/03/2024 12:00 AM

Property Details for 5840 Master Street

StatusActive
MLS #PAPH2424630
Days on Market20
Taxes$2,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,458 SF
CountyPhiladelphia County

Building Information for 5840 Master Street

Stories-Residences3Year Built1920Building Size-Lot Size0.03 AC / 1,458 SF

Property Information for 5840 Master Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
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: 2024
  • Tax Assessed Value: $170,600
  • Year Assessed: 2023
  • Improvement Assessed Value: $136,500
  • City Town Tax: $1,077
  • Land Assessed Value: $34,100
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: Y50
  • Refuse Fee: $250
  • Zoning: CMX1
  • Zoning Dscrp: ROW MIXED-COM/RES-BLT AS RES
  • Tax Lot: 86
  • School Tax: $1,310
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 0
  • Number Of Units Vacant: 3
Multi Family
Unit 1
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Unit Type Features: 16 x 30 Full bath with stall shower, recessed lighting and office space
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Features: 16 x 40 2 half baths food serving bar & window full kitchen
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Features: 16 x36 reception area & 2 Half Baths
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 20.00 x 75.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner, Rear Yard
  • Location Type: Corner Lot/Unit
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Bar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Recessed Lighting
  • Appliances: Commercial Range
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 5840 Master Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5840 Master Street

Taxable ValueLand$32,400Additions$129,600Total$162,000
Tax Record2024$2,268 ($189 / month)
Home Facts
Total Finished SqFt3,102 SqFtAbove Grade Finished SqFt3,102 SqFtStories3Lot Size1,458 SqFtStyleOffice BuildingYear Built1920ZoningCMX1CountyPHILADELPHIAAPN87-1-0564-00

Schools near 5840 Master Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 5 to 12
Public - 9 to 12
Rating
School
Distance
Overbrook Edu Center
PublicK to 8

Overbrook High School
Public9 to 12

Parkway West
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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5840 Master Street is a multi-family home for sale in Philadelphia, PA 19151. This property was listed for sale on December 2, 2024 by EXP Realty, LLC, it's currently listed at $300,000. It has been on the market for a total of 20 days and was last sold on December 2, 2011. This listing's school district is The School District of Philadelphia. Nearby schools include Overbrook Edu Center, Overbrook High School and The Science Leadership Academy At Beeber. 5840 Master Street is a 0-bed, 0-bath, 3,102 sqft multi-family home built in 1920.

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 EXP Realty, LLC

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.