5801 Christian StPhiladelphia, PA 19143

Property Details for 5801 Christian St

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.03 AC

Property size (Sq ft)

2,000 SF

Zone code

RSA5

Property type

Investment properties

Property subtype

Live-work space

APN

87-1-6021-00

APU

871602100

Description

This exceptional mixed-use property at 5801 Christian Street in Philadelphia, PA, presents a compelling investment opportunity. The building encompasses 3,600 square feet on a 0.03-acre lot and is priced at $320,000. The property features a two-level design, offering both commercial and residential spaces. The ground floor includes a partially finished commercial unit with a sizable basement, ideal for storage or expansion. Its adaptable layout suits various businesses, such as a hair salon, nail salon, or restaurant. A supplementary income stream is generated by a small rear section currently leased to a seasonal water ice vendor. Upstairs, a completely renovated three-bedroom apartment awaits, complete with attractive hardwood floors. This unit is immediately habitable, suitable for tenants or owner-occupancy. The property benefits from high visibility and significant foot traffic, making it an attractive proposition for business owners, investors, or those seeking a blend of commercial investment and residential living. This is a rare chance to acquire a versatile property in a desirable Philadelphia location. The combination of established rental income and the potential for further commercial development makes this an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $563,166

  6.5%

  $519,845

  7%

  $482,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $261,320

  Geo Method

  $261,320

• Alternative Use

  Use

  Valuation

  Residential

  $644,608

  Hospitality

  $590,458

  Educational

  $491,254

  Medical

  $508,149

  Retail

  $764,173

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9491

Longitude

-75.2395

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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