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1201 S 5TH StreetPhiladelphia, PA 19147

For Sale

$2,000,000

Smart Buyer Rebate $20,000

Amazing investor opportunity to own this large SIX-UNIT DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as elevator shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Additional improvements/upgrades include: fire sprinkler/alarm system, freshly painted common area and steps, upgraded intercom system. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.

Listed by Frank L DeFazio

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License #RS299840

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BHHS Fox & Roach-Center City Walnut

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6106364364

Last updated August 26, 2025

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Source: BrightMLS #PAPH2379200

Listing Facts

  • TypeMulti-family
  • NeighborhoodDickinson Square West
  • Days on Prevu414
  • Taxes$16,947/year
  • Size6,528 sqft
  • Price per sqft$306

Location

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Listing History

10/03/2024
Price Decreased
$2,000,000
07/23/2024
Listed by BHHS Fox & Roach-Center City Walnut
$2,100,000

Property Details for 1201 S 5TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1940
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 34
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,316
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $16,947.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No
  • Interior Features: Sprinkler System

Measurements

  • Living Area: 6,528
  • Living Area Source: Assessor

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Tax Lot: 37

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.