5117 Warren St, Philadelphia, PA 19131

$100,000

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List Price
$100,000
Days on Market
411
Status
ACTIVE
MLS#
PAPH2521476
Lot Size (Acres)
0.03
County
Philadelphia
School District
Philadelphia City

Property Description

Rare Development Package – 5117 Warren St + 5 Adjacent Lots! Builders and investors—don’t miss this rare opportunity! 5117 Warren St is a large, cleared corner lot zoned RM-1, ready for a 4-unit multifamily build. Even better, this is one of six consecutive lots available—buy one and build a quad, or secure all six and build six 4-unit buildings or even a 25-unit apartment complex. The numbers work and the upside is real. This location is central and convenient—just one block from the Lancaster Ave commercial corridor and less than a mile from Parkwest Town Center, Lowe’s, the Mann Music Center, Parkside Ave, Bala Golf Club, Fairmount Park, and more. Quick access to Center City or City Ave, St. Joe’s, and the Main Line. TURNKEY POTENTIAL: We have a reputable builder who is already familiar with the project and ready to build at a GREAT price...Or bring your own builder. A brand-new 4-unit building a block away is currently listed for $1,075,000, which provides potential equity. New construction is booming in the area—get in now and ride the wave. Bonus: This property qualifies for QOZ (Qualified Opportunity Zone) incentives and accelerated depreciation benefits—making it even more attractive for savvy investors. (Always consult your tax professional to understand how these benefits may apply to you.) *owner is a licensed PA & NJ Realtor

Additional Information

Area
19131 (19131)
Subdivision
West Philadelphia
Taxes
$359
School District
Philadelphia City
View
City
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Contact: 8562401072