1201-3 S 5th St, Philadelphia, PA 19147
Local realty services provided by:ERA Martin Associates
1201-3 S 5th St,Philadelphia, PA 19147
$2,000,000
- 10 Beds
- - Baths
- 6,528 sq. ft.
- Multi-family
- Active
Listed by:frank l defazio
Office:bhhs fox & roach-center city walnut
MLS#:PAPH2379200
Source:BRIGHTMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$306.37
About this home
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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Home facts
- Year built:1940
- Listing ID #:PAPH2379200
- Added:432 day(s) ago
- Updated:September 29, 2025 at 01:35 PM
Rooms and interior
- Bedrooms:10
- Living area:6,528 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1940
- Building area:6,528 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$306.37
- Tax amount:$16,947 (2024)
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