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Kara Shaffer

[email protected] +1(443) 926-3287

$ 2,000,000

Est. payment -/mo

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1201-3 S 5TH ST Philadelphia, PA 19147

6,528 SqFt

UPDATED:

01/17/2025 09:57 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,528 sqft

Price per Sqft $306

MLS Listing ID PAPH2379200

Style Traditional

Abv Grd Liv Area 6,528

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $16,947

Tax Year 2024

Lot Size 2,316 Sqft

Acres 0.05

Lot Dimensions 34.00 x 68.00

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.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Interior Features Sprinkler System

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881500918

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut

Kara Shaffer

License ID: 633377

+1(443) 926-3287

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