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5840 Master St, Philadelphia, PA, 19131

$300,000

Home List Price

$3,563*

Closing Credit

0 Baths
3,102 SqFt
$97/SqFt
Multi

Location

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5840 Master St, Philadelphia$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2424630
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 5840 Master St

This is a great opportunity for a mixed-use investment property with many possibilities! It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly used as an event space for baby showers, birthday & anniversary parties & pop-up shops. This property has 3 levels and each unit has its unique features. The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths. The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more. On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches. A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia’s #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don’t miss out, schedule your appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 3,102 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Jenette Coplin

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bar, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Recessed Lighting

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Back Yard
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the Corner of N 59th Street & W Master Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $2,196
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

5840 Master St vs Philadelphia

1 DAY ON ROCKET

-44 Days

$300,000

+$34.6K More

$97/SqFt

-$104 Less

KEY TAKEAWAY

This property is $34.6K more than the Median Sold Price and $104/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: #PAPH2424630

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Jenette Coplin

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2018Home Sold
$150,000
Feb 03, 2012Home Sold
$49,548
Oct 27, 2011Home Sold
$49,548
Jun 28, 2005Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,196 -
2019$2,175$155,400
2018$2,112$150,900
2017$1,237$88,400

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Nearby Schools

school-card-donut-3825202
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 0.12 miles

  • Public Charter Grades KG-6

school-card-donut-3825203
4
/10

  • West Philadelphia Achievement Ces

  • 6701 Callowhill St

  • 0.88 miles

  • Public Charter Grades KG-5

school-card-donut-3825204
3
/10

  • Mastery Charter School Mann Elementary

  • 5376 W Berks St

  • 0.95 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,000. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19131›5840 Master St

This home is located at 5840 Master St in Philadelphia, PA and zip code 19131 in the Carroll Park neighborhood. This 3,102 square foot home, which was built in 1920, sits on a 0.03 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $300,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. Between October 2024 and November 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 1.8%. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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