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2516 N 5TH Street

PHILADELPHIA, PA 19133
  • $425,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PAPH2179520
$425,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

Prime multifamily redevelopment opportunity available in the booming WestKensington section of Philadelphia. This fully approved project located at 2516-18 North 5th Streetincludes a full set of plans for the conversion of an existing structure into 6 oversized apartmentunits and 1 single-family residence. Additionally, the approved plan includes 1 private parking space,a rare and highly desirable amenity in the submarket.The property is comprised of two street-to-street, RM-1 zoned parcels totaling 5,004 square feet ofland with three existing structures on the site. With fully approved plans and renderings in place, anew operator will be able to move forward with the redevelopment plan quickly after closing.The property is situated in a booming area of West Kensington that is experiencing a massive waveof investment and development activity due to its transit accessibility and proximity to majorcommercial corridors in Fishtown and Northern Liberties, as well as Temple University

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-07T23:50:23.327.
www.execuhome.com/homes/134799717
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2516 N 5TH Street PHILADELPHIA, PA 19133

  • Price: $425,000
  • Status: Active
  • On Site: 22 Days
  • ID#: PAPH2179520
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1915
Built
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
Prime multifamily redevelopment opportunity available in the booming WestKensington section of Philadelphia. This fully approved project located at 2516-18 North 5th Streetincludes a full set of plans for the conversion of an existing structure into 6 oversized apartmentunits and 1 single-family residence. Additionally, the approved plan includes 1 private parking space,a rare and highly desirable amenity in the submarket.The property is comprised of two street-to-street, RM-1 zoned parcels totaling 5,004 square feet ofland with three existing structures on the site. With fully approved plans and renderings in place, anew operator will be able to move forward with the redevelopment plan quickly after closing.The property is situated in a booming area of West Kensington that is experiencing a massive waveof investment and development activity due to its transit accessibility and proximity to majorcommercial corridors in Fishtown and Northern Liberties, as well as Temple University
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Other Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6543.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 6543.00

Property Features

Accessibility Features Other Assessment Year 2023 Business Type Apartment BuildingOther Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802012636010 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3440.00 Tax Assessment Amount 245800.00 Tax Lot 191 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Kw Commercial: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-07T23:50:23.327.
 
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