5118 Market Street
5118 Market Street
$175,000
2
1
3,800
3,800
$46
Closed 2/5/21
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,...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!
- Listed by Noah S Ostroff • Keller Williams PhillyP: 2153920230 info@phillyliving.com
- Listed by Richard M Lauletta • Keller Williams PhillyP: 8562785509 richlauletta@gmail.com
Property Details for 5118 Market Street
Tax ID Number
871580880
OwnershipFee Simple
HOANo
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Location
LISTING UPDATED: 09/01/2023 09:07 PM
Property Details for 5118 Market Street
Status | Closed |
---|---|
MLS # | PAPH891852 |
Days on Market | 210 |
Taxes | $1,244 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Multi-Family / Fee Simple |
Year Built | - |
Lot Size | 0.03 AC / 1,500 SF |
County | Philadelphia County |
Location
Building Information for 5118 Market Street
Stories-Residences4Year Built-Lot Size0.03 AC / 1,500 SF
Payment Calculator
$1,059 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5118 Market Street
Property History for 5118 Market Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5118 Market Street
Taxable ValueLand$14,780Additions$59,120Total$73,900
Tax Record2023$1,034 ($86 / month)
Home Facts
Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size1,500 SqFtStyleOffice BuildingYear Built1925ZoningCMX2.5CountyPHILADELPHIAAPN87-1-5808-80
Schools near 5118 Market Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Middle Years Alternative School Public5 to 8 | ||
Sayre William L Middle School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Parkway West Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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