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1201 S 5th St
For Sale $2,000,000 ($306.37 per Sq Ft)
$2,000,000 ($306.37 per Sq Ft)
- 1 Units
- 6,528 Sq Ft
- 2,316 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,000,000 |
| Property Type | Other |
| Usable Sqft | 6,528 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881500918 |
| MLS # | PAPH2379200 |
| Property ID | 320700738 |
| Lot Sqft | 2,316 |
| Zoning | RSA5 |
| Total Units | 1 |
| Days on Market | 221 |
| Original List Price | Unknown |
| Date Updated | January 17, 2025 |
| Date Created | July 22, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Frank L DeFazio an agent of BHHS Fox & Roach-Center City Walnut. Lic #RS299840
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Data last updated: February 28, 2025.
Robert Crawford
REAL ESTATE AGENT