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Image 1 - 5528 W Thompson St, Philadelphia, Pennsylvania, 19131 - House for sale
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Home For Sale In Philadelphia, Pennsylvania
5528 W Thompson St, Philadelphia, Pennsylvania, 19131

Home For Sale In Philadelphia, Pennsylvania

house for sale
Listed: 06/13/24

5528 W Thompson St, Philadelphia, Pennsylvania, 19131

1 Bed:
2,272 Sq Ft Living Area:
Save
Price
$ 395,000

About This House

Welcome to this solid, income-producing, mixed-use corner quadraplex including 2-car garage. A legal quadraplex with three rental licenses and a barber shop in the commercial space (3 residential + 1 commercial units), it is currently set up as four residential units plus commercial (5 units). This fourth studio apartment (first floor rear) could possibly be rented as commercial space with its own exterior entrance in the rear of the 1st floor and keeping the other 3 residential units. Also, the 20'x16' two-car garage and basement storage could possibly be monetized or rent. Cap rate varies according to value interpretation. This building has a story as does any worthwhile investment and showings can be arranged after reviewing all information. Please review photos and kindly contact co-listing agent, Jonathan Maresch for PandL, rent roll, and list of recent improvements.

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Carroll Park 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 Carroll Park, Philadelphia, United States averaged $211,150, an increase of 27% from the previous month.
Median price trends for properties for sale in Carroll Park, 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.