1201-03 S 5th Street , Philadelphia, PA 19147
Philadelphia, PA 19147
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.
Details
| Mls | PAPH2379200 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 138 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | Frank L DeFazio |
Features
| Sq Feet | 6,528 |
|---|---|
| Basement | Y |
| Zoning | RSA5 |
| Acreage | 0.05 |
Market Activity 19147
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19147 |
| Area | 19147 |
| School District | The School District Of Philadelp |
| Listing VS Median (in 19147) | |
Price: $2,000,000 low | high Med: $385,000 SqFt: 6,528 low | high Med: 1,092 $ / SqFt: $306 low | high Med: $353 On Site: 138 low | high Med: 4.000000 | |
