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Map
$262,267*
●
Multifamily -
Off Market
5118 MARKET STREET
PHILADELPHIA, PA 19139
Studio
0 Bath
2750 Sqft
$162,000 - $198,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
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!
The manager has listed the unit size as 2750 square feet.
The manager has listed the unit size as 2750 square feet.
Unit Size
2,750Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$65
Property Type
Multifamily
Property Taxes
$1,233
HOA Dues
-
Year Built
1925
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 17, 2021 | Sold | $175,000 | |
Sold | |||
Jan 21, 2020 | No longer available | - | |
No longer available | |||
Sep 20, 2019 | Price Decreased |
$180,000
↓ $20K
(10%)
|
|
Price Decreased | |||
Jul 17, 2019 | Listed | $200,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
6
Beds
4
Baths
2,835 ft²
$60/ft²
$171,000
Apr 15, 2022
$171,000
Jun 17, 2022
-
Sold
Townhouse
6
Beds
3
Baths
2,250 ft²
$76/ft²
$170,000
Mar 1, 2013
$170,000
Aug 26, 2013
-
Sold
Townhouse
4
Beds
3
Baths
2,000 ft²
$93/ft²
$185,000
Mar 23, 2023
$185,000
Jul 19, 2023
-
Sold
Townhouse
4
Beds
2
Baths
1,600 ft²
$106/ft²
$169,000
Jan 14, 2018
$169,000
Mar 30, 2018
-
Sold
Townhouse
3
Beds
2
Baths
1,500 ft²
$120/ft²
$180,000
Jun 15, 2016
$180,000
Jul 29, 2016
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/03/2020
|
|
Studio
|
-
|
3800 ft²
|
$180,000
Studio
-
3800 ft²
|
$175,000
-2.78%
03/17/2021
|
-
|
Noah Ostroff
|
07/17/2019
|
|
Studio
|
-
|
2750 ft²
|
$200,000
Studio
-
2750 ft²
|
-
-
|
-
|
-
|
Building Info
5118 Market Street
5118 Market Street, Philadelphia, PA 19139
- 1 Unit for Sale