5039 Springfield Avenue
Philadelphia, PA 19143
- – beds
- – baths
- 3,780 sqft
- 2,646 sqft lot
- $171 per sqft
- 1915 build
This is a fully renovated, fully occupied, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
Last checked:
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Last updated Mar 26, 2025
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MLS# PAPH2380862 —
The Building
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Year Built:1915
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Year Built Source:Estimated
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Year Major Reno/Remodel:2019
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:4
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Structure Type:End of Row/Townhouse
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Historic:No
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Daylight, Partial, Outside Entrance, Side Entrance, Windows, Space For Rooms
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1160
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Total Below Grade SqFt Source:Estimated
Interior
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Flooring Type:Hardwood
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4940
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Living Area SqFt:3,780 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, FHA 203(b), FHA 203(k), VA
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Possession:Settlement
Location
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Directions:Heading SW on Springfield Ave, property will be on your right just before 51st St. (corner property)
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Cross Street:51st St.
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Latitude:39.94370000
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Longitude:-75.22034000
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Location Type:Corner Lot/Unit
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot Size Dimensions:25.00 x 108.00
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Lot Dimensions Source:Estimated
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Lot Features:Corner, Rear Yard
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Lot SqFt:2,646 Sqft
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Inclusions:Refrigerators
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Exclusions:Tenants furniture and personal belongings; including window treatments, microwaves, and window AC units
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Zoning Description:City Cert included in the Documents tab. Zoning Classification RM-1, legally registered for use as a 5-unit dwelling.
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Zoning:RM-1
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 241-1156
- Office phone:
- (215) 467-2892
Taxes
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Tax ID Number:511262200
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Tax Year:2025
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Tax Lot:175
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Tax Annual Amount:$9,036
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Tax Assessed Value:$645,500
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Year Assessed:2025
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School Tax:5060.0
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City/Town Tax:3976.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiant
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:West Philadelphia
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Pool:No Pool
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Cap Rate:6.65
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
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Vacation Rental:No
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One Bedroom Units:4
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/11/24
Nov 11, 2024
|
Price Changed | BRIGHT | $649,900 | -4.4% |
7/27/24
Jul 27, 2024
|
Listed / Active | BRIGHT | $679,900 |