1201-03 S 5th Street

PHILADELPHIA, PA 19147

About this property

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.

About this property

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.

Features and Additional Information

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$2,000,000 Active-bright
6,528 SqFt

Presented By Class-Harlan Real Estate

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Get in touch today! Phone: 1-215-348-8111
Brokerage
BHHS Fox & Roach-Center City Walnut
1-215-627-6005
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Area Information

19147 (19147) | PHILADELPHIA PA County |

$ 2,000,000
This listing is play_arrow 545.2% higher than the average in the area
$ 310,000 in the area
6,528 SqFt
This listing is play_arrow 547.6% larger than the average in the area
1,008 SqFt in the area
$ 306 $/SqFt
This listing is play_arrow 0.4% less than the average in the area
$ 308 $/SqFt in the area
336 days on site
This listing is play_arrow 366.7% above the average in the area
72 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Frank L DeFazio
Brokerage: BHHS Fox & Roach-Center City Walnut

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