1201 South 5th Street

Philadelphia, PA 19147

$2,000,000
Price
10
Beds
10
Baths
6,528 Sq. Ft.
$306 / Sq. Ft.
6,528
Sq. Ft.
$306
per Sq. Ft.

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.

Property Details for 1201 South 5th Street

Tax ID Number
881500918
Ownership
Fee Simple
Structure Type
Other
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0
LISTING UPDATED: 10/03/2024 05:01 PM

Property Details for 1201 South 5th Street

StatusActive
MLS #PAPH2379200
Days on Market99
Taxes$16,947 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.05 AC / 2,316 SF
CountyPhiladelphia 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

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,210,700
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $630,000
  • City Town Tax: $7,647
  • Land Assessed Value: $580,700
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: RSA5
  • Tax Lot: 37
  • School Tax: $9,299
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 2
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 2
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Full Baths Count: 2
Unit 6
  • Type: Unit 6
  • Beds Total: 1
  • Full Baths Count: 1
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 6,528.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 34.00 x 68.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1419039
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Sprinkler System
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.CenterCityTeam.com

Property History for 1201 South 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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1201 South 5th Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on July 23, 2024 by BHHS Fox & Roach-Center City Walnut, it's currently listed at $2,000,000. This listing's school district is The School District of Philadelphia. Nearby schools include Vare-Washington Elementary School, Furness Horace High School and Academy At Palumbo. 1201 South 5th Street is a 10-bed, 10-bath, 6,528 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.