This is a fully renovated, 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!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1915
Living Area: 3,780 SqFt
Listing Office:
Office Name: RE/MAX One Realty - TCDT
Office Phone: (215) 467-2892
Listing Agent: Neil P Dessecker
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot: Corner Lot, Back Yard
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: Window Unit(s)
Other
Directions Information:
Directions: Heading SW on Springfield Ave, property will be on your right just before 51st St. (corner property)
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $649,900
Price Per SqFt: $172/SqFt
Tax Information:
Annual Amount: $3,400
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $384.5K more than the Median Sold Price and $29/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2380862
Listing Office:
Office Name: RE/MAX One Realty - TCDT
Office Phone: (215) 467-2892
Listing Agent: Neil P Dessecker
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,311
Per Month
Principal & Interest
$3,244
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,015
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thomas G. Morton School
2501 S 63rd St
Distance between this listing and this school1.41 miles
Public District Grades KG-5
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school1.51 miles
Public District Grades KG-5
6
/10
W B Evans Magnet School
900 Baily Rd
Distance between this listing and this school1.74 miles
Public Magnet Grades KG-6
Nearby Schools
3
/10
Benjamin B. Comegys School
5100 Greenway Ave
Distance between this listing and this school0.29 miles
Public District Grades KG-8
3
/10
Mitchell Elementary School
5500 Kingsessing Ave
Distance between this listing and this school0.50 miles
Public District Grades KG-8
4
/10
Independence Charter School West
5600 Chester Ave
Distance between this listing and this school0.53 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school0.36 miles
Public Charter Grades KG-12
3
/10
The Workshop School
221 S Hanson St
Distance between this listing and this school0.81 miles
Public Magnet Grades 9-12
4
/10
Boys Latin of Philadelphia Charter School
5501 Cedar Ave
Distance between this listing and this school0.90 miles
The neighbors living near this home have an average income of $31,061. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5039 Springfield Ave
What is the listing price of this property?
The listing price of 5039 Springfield Ave property is $649,900.
What type of property is this?
The property 5039 Springfield Ave is a house located in Philadelphia, Pennsylvania, 19143.
Is this property for sale now?
Active Listing: 5039 Springfield Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,400 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 4, 2019 for $550,000. (source: MLS/tax record).
What is the square footage of this property?
The property 5039 Springfield Ave is 3,780 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5039 Springfield Ave is 1915.
This home is located at 5039 Springfield Ave in Philadelphia, PA and zip code 19143 in the Southwest Schuylkill neighborhood. This 3,780 square foot home, which was built in 1915, sits on a 0.06 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $649,900.
While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.