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1201-3 S 5TH Street

PHILADELPHIA, PA 19147
  • $2,000,000
  • STATUS: Active
  • ON SITE: 138 Days
  • ID#: PAPH2379200
UPDATED: 26 min ago
$2,000,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,528
    SQFT
  • $306
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Amazing investor opportunity to own this large six-unit DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as elevator shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Additional improvements/upgrades include: fire sprinkler/alarm system, freshly painted common area and steps, upgraded intercom system. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. 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. Data last updated: 2024-12-09T20:52:19.243.
www.lisasellsdelaware.com/homes/152888555
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1201-3 S 5TH Street PHILADELPHIA, PA 19147

  • Price: $2,000,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 26 min ago
  • ID#: PAPH2379200
0
Beds
0
Baths
0
½ Baths
0.05
Acres
6,528
SQFT
$306
$/SQFT
1940
Built
Neighborhood:
19147 (19147)
County:
Philadelphia
Area:
19147 (19147)
School District:
The School District Of Philadelphia
Property Description
Amazing investor opportunity to own this large six-unit DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as elevator shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Additional improvements/upgrades include: fire sprinkler/alarm system, freshly painted common area and steps, upgraded intercom system. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types None Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 6528 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Sprinkler System Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 4

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Foundation Details Stone Heating Fuel Natural Gas Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803240048916 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 16947.00 Tax Lot 37 Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of BHHS Fox & Roach-Center City Walnut: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. 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. Data last updated: 2024-12-09T20:52:19.243.
 
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The Lisa Mathena Group
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Georgetown DE, 19947