Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
N/A
5201 Wakefield Street is a mixed-use investment property located in the Germantown neighborhood of Philadelphia. This asset represents a distinctive investment opportunity within Germantown’s rapidly developing corridor. The five-unit property includes five well-designed residential apartments and a main-level commercial space suitable for various professional uses, presenting significant value-add potential. The three-story building features five residential units and one commercial unit, supporting multiple income streams. Amenities for residents include a dedicated laundry area equipped with coin-operated machines. The property spans 4,976 square feet on a 5,545-square-foot lot and comprises a total of 10 bedrooms and 4 bathrooms, accommodating diverse rental requirements. Benefits from a prime location near public transportation, retail options, and community resources, enhancing its appeal to prospective investors. Additional features include a camera security system and off-street parking. Investors have the opportunity to execute a value-add strategy by upgrading the units, leasing at market rates, and utilizing the flexible commercial space, all within one of Philadelphia’s most dynamic redevelopment districts. Its prominent corner position ensures excellent visibility and ample natural light for residential units. The property is being offered as-is.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Private, On Street, Driveway, Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$580,000
-
Tax Amount
$4,300
-
Zoning
DET MIXED-COM/RES-BLT AS RES
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
30
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Janell T Carter , Keller Williams Main Line
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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