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Image 1 - 5556 Market St, Philadelphia, Pennsylvania, 19139 - House for sale
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Home For Sale In Philadelphia, Pennsylvania
5556 Market St, Philadelphia, Pennsylvania, 19139

Home For Sale In Philadelphia, Pennsylvania

house for sale
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Listed: 02/27/24

5556 Market St, Philadelphia, Pennsylvania, 19139

3 Bed:
2,009 Sq Ft Living Area:
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Price
$ 399,000
Price:  Increased

About This House

Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation. Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train. The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor …  Full description

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Garden Court Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Garden Court, Philadelphia, United States averaged $156,140, a decrease of 18.6% from the previous month.
Median price trends for properties for sale in Garden Court, Philadelphia, United States as of May 2024.

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.