See Home Value
$262,267*
Multifamily - Off Market

5118 MARKET STREET

PHILADELPHIA, PA 19139
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$160,000 Jul 13, 2023
$160,000 Mar 8, 2024
-
House
6 Beds
4 Baths
2,835 ft²
$60/ft²
$171,000 Apr 15, 2022
$171,000 Jun 17, 2022
-
Townhouse
6 Beds
3 Baths
2,250 ft²
$76/ft²
$170,000 Mar 1, 2013
$170,000 Aug 26, 2013
-
Townhouse
4 Beds
3 Baths
2,000 ft²
$93/ft²
$185,000 Mar 23, 2023
$185,000 Jul 19, 2023
-
Townhouse
4 Beds
2 Baths
1,600 ft²
$106/ft²
$169,000 Jan 14, 2018
$169,000 Mar 30, 2018
-
Townhouse
3 Beds
2 Baths
1,500 ft²
$120/ft²
$180,000 Jun 15, 2016
$180,000 Jul 29, 2016
-
Townhouse
Stu
1 Bath
1,440 ft²
$132/ft²
$189,900 Sep 1, 2023
-
-
Multifamily
Stu
-
-
$185,000 Jan 16, 2024
-
-
Townhouse
Stu
-
-
$160,000 May 29, 2023
-
-
Townhouse
Stu
-
-
$215,000 Aug 4, 2023
-
-
Townhouse
4 Beds
1 Bath
1,500 ft²
$113/ft²
$169,900 Mar 11, 2024
-
-
House
4 Beds
2 Baths
1,650 ft²
$121/ft²
$199,900 Jul 26, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200503
05/03/2020
Studio
-
3800 ft²
$180,000
bedrooms
Studio
bathrooms
-
square feet
3800 ft²
$175,000 -2.78%
03/17/2021
-
Noah Ostroff
20190717
07/17/2019
Studio
-
2750 ft²
$200,000
bedrooms
Studio
bathrooms
-
square feet
2750 ft²
-
-
-
-

Building Info

5118 Market Street 5118 Market Street, Philadelphia, PA 19139
  • 1 Unit for Sale
More about this Building
5118 Market Street
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About West Philadelphia


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