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Listing PAPH2634552 , Philadelphia, PA 19120
$499,900
Est. Payment: $2,700.55/mo
0.06 Acres
Status: active | Days on site: 127
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CBPREOC - 3131397
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House Description

Exceptional mixed-use investment opportunity in the heart of Philadelphia’s thriving Olney Business District! This prominent commercial property consists of two adjoining buildings, 5408 and 5410 N. 5th Street, totaling approximately 5,219 square feet and offered as a package sale only. The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income. The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use). Additional finished basement space enhances the property’s functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential. Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. Don’t miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia’s busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer. The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space and one apartment is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income. The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use). Additional finished basement space enhances the property’s functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential. Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. The funeral home has central air however, not the 2nd floor of the building. 5410 does not have central air. Don’t miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia’s busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.

Highlights

Listed by Desarrie McDuffie , 2677842085 Coldwell Banker Realty , 2159237600. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1940

County

Philadelphia

Area

19120 (19120)

Neighborhood

Olney

School District

Philadelphia City

Listing ID

PAPH2634552

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:21.00 x 121.00
Zoning:CMX25
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,701
Taxes
$317

Home Price

$499,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$99,980
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:
$2,700.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,700.55 $317.25 $0.00 $3,017.80
Yearly $32,406.56 $3,807.00 $0.00 $36,213.56
Total $972,196.68 $114,210.00 $0.00 $1,086,406.68
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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.

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Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS