5118 Market Street, Philadelphia, PA 19139

$180,000
2,750
SqFt
List Price
$180,000
Price Change
▼ $20,000 1568850128
Days On Market
67
Status
ACTIVE
MLS#
PAPH817432
Living Area
2,750
Lot Size (Acres)
0.03
Style
Straight Thru
Year Built
1925
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Perfect transit oriented development opportunity in HOT West Philly Rental Market (And in an Opportunity Zone)!!! Steps from the 52nd Street Market-Frankford Line train station. Building is in Shell condition, USE CAUTION WHEN TOURING, not all floors are stable. Building will need full rehab. Plans and permits included to build to a cash flowing 4 unit investment property, and builder is lined up to build at $250,000 project cost. Proforma rents when done based on current 'by-right' plans is $54,000 Annual Gross Income. Or choose your own plans, bring your own builder, the choice is yours. This is a money maker. Get in this hot market today!

Additional Information

Area
19139 (19139)
Taxes
$1233
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Philly.