506 S 5TH STREET

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Address: 506 S 5th St, Philadelphia, PA 19147, USA
New York & Tri-State + Apartment Buildings
Created date: September 1, 2026
Date last updated: September 19, 2026
Price: $695,000Investment Analyzer NEW!

Property Description

This income-producing property is located in South Philadelphia, close to the intersection of Lombard and 5th Street. It features three rental units along with a commercial space on the first floor currently leased to a boutique for $1,800 per month. The second-floor apartment rents for $1,425 per month, while the third-floor apartment brings in $1,600 monthly. The property underwent renovations around 2022, making it a solid investment opportunity. Local grocery store Acme is around 3 min and Wholefood is within 10min.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $695,000
Year Built: 1900
Lot Size: 2,427.00 Sq ft
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 506 S 5TH STREET, PHILADELPHIA, PA 19147, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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