1201-3 S 5Th Street, Philadelphia, PA 19147-5204 $2,000,000
Interior Sq. Ft: 6,528
Acreage: 0.05
Age:84 years
Taxes: $16,947
Design/Type:
Other
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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
None
Interior
Sprinkler System, Fully Finished Basement
Exterior
Stone Foundation, Masonry
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Public Elementary (101 schools)
Public Middle (19 schools)
Public High (50 schools)
Private (70 schools)
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This report is a detailed community overview for Philadelphia (19147), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 30
- Average salary of people in this community: $73,640
Community Summary
- Population Density (ppl / mile): 23,999
- Household Size (ppl): 2.20
- Households w/ Children: 35%
Housing Inventory
- Owned: 9,584 (48.7%)
- Rented: 7,806 (39.6%)
- Vacant: 2,305 (11.7%)
- Total: 19,695
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.4%
- Some High School: 5.2%
- High School Graduate: 15.3%
- Some College: 9.8%
- Associate Degree: 3.7%
- Bachelor's Degree: 31.7%
- Graduate Degree: 30.0%
Income by dollar range
Median Income: $81,519
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $943
- One Bedroom: $1,172
- Two Bedroom: $1,625
- Three Bedroom: $1,893
- Four Bedroom: $1,219
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Contact Information
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Listing Courtesy of: BHHS Fox & Roach-Center City Walnut , (215) 627-6005
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/25/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.