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sales rep | Brivity IDX

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5900 Market St , Philadelphia, PA 19139
$640,000
Est. Payment: $3,457.39/mo
3706 Sqft
0.03 Acres
Status: active | Days on site: 71
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LBRLLC1 - 3298442
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House Description

Offered for sale is 5900 Market Street, a mixed-use asset located in the Haddington section of West Philadelphia. Built in 1915 and renovated in 2019, the Property consists of five residential units and one ground-floor commercial unit across 3,706 square feet of gross building area. The Property is currently 100% occupied. The residential component consists of two studios, two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit, generating $63,462 in current scheduled annual residential rent, $1,057 per unit average. The ground-floor commercial suite is leased to Manifest Network LLC through May 2031, which is approximately 4.8 years of remaining term, contributing an additional $11,748 in current annual rent or $979 per month. A built-in mark-to-market opportunity exists across the residential unit mix. By meeting estimated market rents of $1,000 for the studios, $1,150 for the one-bedroom units, and $1,350 for the two-bedroom unit, an investor could increase residential rent to $67,800 annually or $1,130 per unit average — an increase of approximately 7% or $4,338 annually, achievable through normal lease turnover and renewals. Layering in a modest utility reimbursement program, estimated at $2,475 annually, and select operating efficiencies offers a further path to NOI growth beyond the underwritten stabilized projection. 5900 Market Street sits directly along SEPTA's Market-Frankford Line, within a short walk of the 60th Street Station, providing residents and the commercial tenant with direct rail access to Center City, University City, and Philadelphia's broader employment base. Multiple SEPTA bus routes along Market Street provide further connectivity throughout West Philadelphia and the greater metropolitan area

Highlights

Listed by Joseph M. Loonstyn Jr. , 2672520223 Loonstyn Brothers Realty LLC , 2672520223. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1915

County

Philadelphia

Area

19139 (19139)

Neighborhood

Haddington

School District

The School District Of Philadelphia

Listing ID

PAPH2662628

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Interior Features

Air Cond:Ceiling Fan(s)
Fireplaces:
Floor:Wood
Water:Public

Exterior Features

Lot:Corner,Rear Yard,Not New Construction,Horse Property: No
Zoning:CMX3
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,457
Taxes
$254

Home Price

$640,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$128,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,457.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,457.39 $253.50 $0.00 $3,710.89
Yearly $41,488.69 $3,042.00 $0.00 $44,530.69
Total $1,244,660.68 $91,260.00 $0.00 $1,335,920.68
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS