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1206 N 5th St
Coming Soon $525,000
$525,000
- 4 Units
- Unknown Sq Ft
- 1,338 Sq Ft
- Unknown Cap Rate
Description
1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 9% cap rate, so you generate income on day one. All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enormous ceilings and excellent natural light, and the commercial space features a traditional storefront façade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided upon successful offer for the Buyer’s review. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside. Unit breakdown: 1st Floor Commercial Unit $700/mo (M2M); 1st Floor Rear Studio $995/mo (M2M); 2nd Floor One Bedroom $1200 (M2M); 3rd Floor One Bedroom $1437 (thru 6/30/2026).
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $525,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871524510 |
| MLS # | PAPH2587216 |
| Property ID | 322624049 |
| Lot Sqft | 1,338 |
| Zoning | CMX2 |
| Total Units | 4 |
| Date Updated | February 27, 2026 |
| Date Created | February 24, 2026 |
| Cap Rate | 9.00% |
| Land Value Unit Type | SF |
| Unit # | Beds | Baths | Use Type | Area RSF | Available | Current Rent | Proforma Rent |
| Unit #1 | — | Yes | $51,984 | $0 |
| Operating Expenses | $ 51,984 |
| Cap Rate | 9.00% |
Listing Provided By
Stacy L Sanseverino an agent of . Lic #RS281613
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Data last updated: March 01, 2026.
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT