5117 WARREN ST Philadelphia, PA 19131
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $195
Subdivision West Philadelphia
MLS Listing ID PAPH2521502
Style Contemporary
Abv Grd Liv Area 4,600
Annual Tax Amount $359
Tax Year 2024
Lot Size 1,503 Sqft
Acres 0.03
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Incredible opportunity to purchase a brand-new, fully built 4-unit multifamily in one of West Philadelphia's fastest-growing neighborhoods. Located at 5117 Warren Street—this pre-construction offering allows you to secure a high-performing rental asset without the hassle of managing construction.
This property will be delivered turnkey—fully built, inspected, and with a Certificate of Occupancy in place, without the time commitment of personally managing a ground-up project.
Investment Highlights:
Brand-new 4-unit multifamily, professionally constructed and delivered, move-in ready
Located in a Qualified Opportunity Zone (QOZ) for potential tax advantages and accelerated depreciation (Consult your tax advisor)
Each unit projected to deliver strong rental income in a high-demand area
Perfect for buy-and-hold investors, 1031 exchange buyers, or those seeking passive income
Prime Location Features:
1 block to Lancaster Ave with restaurants, shops, SEPTA trolley, and essential services
A half mile to ParkWest Town Center (ShopRite, Lowe's, Planet Fitness, Santander)
Less than a mile to Fairmount Park, the Mann Music Center, Please Touch Museum, and Bala Golf Club
Convenient access to Center City, City Ave, and University City
Minutes to major institutions including St. Joseph's University, Drexel University, and the University of Pennsylvania
This is an excellent opportunity to add a brand-new asset to your portfolio in a neighborhood seeing significant appreciation and infrastructure investment. Step into cash flow from day one in a QOZ with long-term upside and strong rental comps to support the value.
Projected financials available upon request. *Seller is a licensed NJ & PA Realtor.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source None
Exterior
Water Access N
View City
Accessibility Other
Garage N
Building
Lot Description Corner
Foundation Other
Above Ground Finished SqFt 4600
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 442182000
Ownership Fee Simple
SqFt Source 4600
Acceptable Financing Cash, Conventional, Joint Venture, Negotiable, Private, Other
Listing Terms Cash, Conventional, Joint Venture, Negotiable, Private, Other
Financing Cash,Conventional,Joint Venture,Negotiable,Private,Other
Special Listing Condition Standard
Nearby Locations
Email hope@thebreedengroup.com
Address 1425 Clarkview Rd, Baltimore, MD 21209, USA
Hope Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.
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