1201 South 5th Street
$2,000,000
10
10
6,528
6,528
$306
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...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.
- Listed by Frank L DeFazio • BHHS Fox & Roach-Center City WalnutP: (610)-636-4364 frank@centercityteam.com
- Listed by John A Cesarine • BHHS Fox & Roach-Center City WalnutP: (484)-620-9156 john@centercityteam.com
Property Details for 1201 South 5th Street
Tax ID Number
881500918
OwnershipFee Simple
Structure TypeOther
StyleTraditional
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Total Parking Spaces0
LISTING UPDATED: 10/03/2024 05:01 PM
Property Details for 1201 South 5th Street
Status | Active |
---|---|
MLS # | PAPH2379200 |
Days on Market | 122 |
Taxes | $16,947 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.05 AC / 2,316 SF |
County | Philadelphia County |
Building Information for 1201 South 5th Street
Stories-Residences1Year Built1940Building Size-Lot Size0.05 AC / 2,316 SF
Property Information for 1201 South 5th Street
Property History for 1201 South 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1201 South 5th Street
Taxable ValueLand$214,250Additions$642,750Total$857,000
Tax Record2020$11,996 ($1,000 / month)
Home Facts
Total Finished SqFt9,260 SqFtAbove Grade Finished SqFt9,260 SqFtStories3Lot Size2,316 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningCMX2CountyPHILADELPHIAAPN881500918
Schools near 1201 South 5th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Vare-Washington Elementary School PublicPK to 8 | ||
Furness Horace High School Public9 to 12 | ||
Academy At Palumbo Public9 to 12 | ||
Creative And Performing Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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