5118 Market Street, Philadelphia, PA 19139

$180,000
3,800
SqFt
List Price
$180,000
Days On Market
68
Status
ACTIVE
MLS#
PAPH891852
Living Area
3,800
Lot Size (Acres)
0.03
Style
Other
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. The building is in shell condition, USE CAUTION WHEN TOURING, not all floors are stable. The 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 moneymaker. Get in this hot market today! Half block from Market St Subway stop! OPPORTUNITY ZONE DEVELOPMENT!

Additional Information

Area
19139 (19139)
Taxes
$1244
School District
The School District Of Philadelphia
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Philly.