Master on Main
Address
555 N 5Th Street Philadelphia, PA
Price
$ 1,499,000
Property Attributes
  • MLS#PAPH933094
  • TypeTownhouse
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19123
  • NeighborhoodNORTHERN LIBERTIES
  • Zip19123
  • StyleTraditional
  • Year Built1920
  • Taxes3515
  • Price$ 1,499,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage5130
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Space & Company
Property Description

For visionaries, investors, and developers only, this is a truly unique property with a variety of development opportunities. There is much potential here, including renovation into a luxurious single-family home; a fabulous multi-family condo; an income-producing multi-family; an extraordinary boutique hotel; or home to a creative start-up business. The main structure was originally built as a magnificent single-family home in the 1870s including a garden where the small structure stands. In the first half of the 20th Century, the property was converted to a speakeasy last known as the Comet, which included a bar, rooms for gambling, and a bowling alley. The current owner purchased the property in 1984 and has since worked diligently to preserve its architectural beauty. At the time of the purchase in 1984, the property was zoned commercial. The property was rezoned to residential by the current owner in 2011 in order to obtain a residential mortgage. There is potential to rezone the property back to commercial use, as well as obtain a variance for a driveway cutout to convert the smaller building into a garage. Opportunity abounds. The photos speak for themselves.

Price History
9/9/2020 Listed $1,499,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Appliances Dishwasher, Dryer, Washer, Oven/Range - Gas
Architectural Style Traditional
Association Y/N No
Condo/Coop Association Y/N No
Construction Materials Masonry
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Exclusions All Artwork, Bar in Dining Room, Metal Bookshelves in 4th Floor Owner's Bedroom
Garage Y/N No
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features Crown Moldings, Wood Floors
Levels 4
MLS Area 19123 (19123)
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Patio/Porch Features Patio(s), Deck(s)
Possession Immediate
Price Per Sq Ft 292.2
Property Type Residential
Real Estate Owned Y/N No
Senior Community Y/N No
Sewer Public Sewer
Structure Type End of Row/Townhouse
Subdivision Name NORTHERN LIBERTIES
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA5

Interior Features

Above Grade Finished Area 5130
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Unfinished
Basement Y/N Yes
Bathrooms Count All Upper Levels 2
Bathrooms Count Lower Level 1 0.00
Bathrooms Count Main Level 1.00
Bathrooms Count Upper Level 1 0.00
Bathrooms Count Upper Level 2 1.00
Bathrooms Count Upper Level 3 1.00
Bathrooms Full All Upper Levels 1
Bathrooms Full Main Level 1
Bathrooms Full Upper Level 2 1
Bathrooms Half All Upper Levels 1
Bathrooms Half Upper Level 3 1
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 2
Bedrooms Count Upper Level 2 1
Bedrooms Count Upper Level 3 1
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Fireplace Y/N Yes
Full Baths 2
Half Baths 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 5130
Main Level Bedrooms 1
Total Baths 3
Total Bedrooms 5
Total Fireplaces 5

Exterior Features

Inclusions refrigerator, washer, dryer
Lot Dimensions 36.00 x 84.33
Lot Size Acres 0.08
Lot Size Source Assessor
Lot Size Square Feet 3300.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19123

Price
AVG $790K
$1.5M
Taxes
AVG $4,850
$3,515
Visits
AVG 54
36
Year Built
AVG 1976
1920

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