This is a fully renovated, fully occupied, 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!
For sale
$649,900
5039 Springfield Ave, Philadelphia, PA 19143
6beds
5baths
3,780sqft
Est.:
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Tons of sunlightCorner property
- 274 days
- on Zillow |
- 170 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 09:39am
Listed by:
Neil Dessecker 215-241-1156,
RE/MAX One Realty - TCDT 2154672892
Source: Bright MLS,MLS#: PAPH2380862

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Basement
- Area: 1160
Heating
- Radiant, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Hardwood
- Basement: Partial,Exterior Entry,Side Entrance,Windows,Space For Rooms
- Has fireplace: No
Interior area
- Total structure area: 4,940
- Total interior livable area: 3,780 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,646 Square Feet
- Dimensions: 25.00 x 108.00
- Features: Corner Lot, Rear Yard, Corner Lot/Unit
Details
- Additional structures: Above Grade
- Parcel number: 511262200
- Zoning: RM-1
- Zoning description: City Cert included in the Documents tab. Zoning Classification RM-1, legally registered for use as a 5-unit dwelling.
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- Good
- New construction: No
- Year built: 1915
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: West Philadelphia
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $645,500
- Annual tax amount: $9,036
- Date on market: 7/28/2024
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA,FHA 203(b),FHA 203(k),VA Loan
- Inclusions: Refrigerators
- Exclusions: Tenants Furniture And Personal Belongings; Including Window Treatments, Microwaves, And Window Ac Units
- Ownership: Fee Simple
- Total actual rent: 61513
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