1201-3 S 5th St, PHILADELPHIA

$2,000,000

0 Beds
0 Baths
6,528 Sqft
.05 Acres
0 Garages

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.

Essential Information
MLS® #PAPH2379200
Price$2,000,000
Bathrooms0.00
Square Footage6,528
Acres0.05
Year Built1940
TypeMulti-Family
Sub-TypeOther, Other
StyleTraditional
StatusActive
Community Information
Address1201-3 S 5th St
Area19147
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19147
Amenities
AmenitiesSprinkler System
Interior
HeatingForced Air
CoolingCentral A/C
Has BasementYes
BasementFully Finished
Exterior
FoundationStone
District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information
ZoningRSA5
Listing Details
Office Contact(215) 627-6005
Office

BHHS Fox & Roach-Center City Walnut

Property History
Price Reduced from $2,100,000 to $2,000,000
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Listing information last updated on January 18th, 2025 at 10:23pm EST.

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