$720,000

Estimated payment $4,412/month

Total Views 3,362
-- Bed
-- Bath
1,941 Sq Ft
$371 Price per Sq Ft

About This Home

Welcome to 992 N 5th St., a remarkable duplex opportunity in Northern Liberties! This building proudly features thoughtful elements in its appearance: exposed brick, exterior barn lighting, cedar wood siding, and a newly-pointed slate awning make it stand out. Tenants enjoy two separate entrances. Enter Unit 1 on the right (which is bi-level) to see beautifully restored pine plank flooring, ample living and kitchen space, and a convenient half bath. The double glass sliders in the rear open to a large outdoor area, which the tenants of Unit 1 get to enjoy privately. Unit 1 has access to a full, dry storage basement. Up the stairs in the same unit are three large bedrooms and two updated full bathrooms. Unit 2 is entered through the left door of the building. This 1-bedroom apartment gives a loft feel with high ceilings, concrete slab countertops, and wooden rafters. Ductless mini-splits and tankless hot water heater boast modernity despite the rustic character. As for this building's location: it's hard to beat! You're a quick walk from all things Fishtown/Northern Liberties, especially the sought-after Girard/Frankford corridor. Bus routes, subway access, and parks are nearby. This opportunity is fantastic for an owner-occupant looking to make the leap into real estate investment, or for a seasoned investor looking to add an income-producing asset to their portfolio. We can't wait to have to you come by!

Listing Agent

Chris Coulton

BMB Living, Inc. Listed on: 02/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1920

Lot Details

  • 1,125 Sq Ft Lot
  • Lot Dimensions are 16.00 x 72.00

Parking

  • On-Street Parking

Home Design

  • 1,941 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 057141300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,231

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Welcome to 992 N 5th St., a remarkable duplex opportunity in Northern Liberties! This building proudly features thoughtful elements in its appearance: exposed brick, exterior barn lighting, cedar wood siding, and a newly-pointed slate awning make it stand out. Tenants enjoy two separate entrances. Enter Unit 1 on the right (which is bi-level) to see beautifully restored pine plank flooring, ample living and kitchen space, and a convenient half bath. The double glass sliders in the rear open to a large outdoor area, which the tenants of Unit 1 get to enjoy privately. Unit 1 has access to a full, dry storage basement. Up the stairs in the same unit are three large bedrooms and two updated full bathrooms. Unit 2 is entered through the left door of the building. This 1-bedroom apartment gives a loft feel with high ceilings, concrete slab countertops, and wooden rafters. Ductless mini-splits and tankless hot water heater boast modernity despite the rustic character. As for this building's location: it's hard to beat! You're a quick walk from all things Fishtown/Northern Liberties, especially the sought-after Girard/Frankford corridor. Bus routes, subway access, and parks are nearby. This opportunity is fantastic for an owner-occupant looking to make the leap into real estate investment, or for a seasoned investor looking to add an income-producing asset to their portfolio. We can't wait to have to you come by!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1941
  • Living Area Sq Ft: 1941
  • Price Per Sq Ft: 370.94
  • Above Grade Finished Sq Ft: 1941
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 992

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1125.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2929.00
  • Tax Annual Amount: 5231.00
  • Assessor Parcel Number: 057141300
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 1941
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,049 $524,900 $104,980 $419,920
2024 $5,049 $524,900 $104,980 $419,920
2023 $5,049 $506,600 $101,300 $405,300
2022 $4,340 $360,692 $101,300 $259,392
2021 $4,340 $0 $0 $0
2020 $4,340 $0 $0 $0
2019 $4,200 $0 $0 $0
2018 $4,866 $0 $0 $0
2017 $4,390 $0 $0 $0
2016 $2,633 $0 $0 $0
2015 $2,521 $0 $0 $0
2014 -- $313,600 $34,941 $278,659
2012 -- $20,064 $4,200 $15,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $720,000 0.0% $371 / Sq Ft
03/11/2025 03/11/25 Price Changed $720,000 -4.0% $371 / Sq Ft
02/25/2025 02/25/25 For Sale $750,000 0.0% $386 / Sq Ft
02/07/2025 02/07/25 For Sale $750,000 +17.4% $386 / Sq Ft
09/24/2021 09/24/21 Sold $638,750 -8.7% $329 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $699,900 +16.7% $360 / Sq Ft
10/14/2016 10/14/16 Sold $599,900 0.0% $286 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $599,900 +126.4% $286 / Sq Ft
12/15/2015 12/15/15 Sold $265,000 -26.4% $133 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $360,000 -- $180 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $638,750 Surety Abstract Services
Deed $599,900 None Available
Deed $265,000 None Available
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 New Conventional
Previous Owner $449,925 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2442988

Bright MLS

APN: 057141300