5117 WARREN ST Philadelphia, PA 19131
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision West Philadelphia
MLS Listing ID PAPH2521476
HOA Y/N N
Annual Tax Amount $359
Tax Year 2024
Lot Size 1,503 Sqft
Acres 0.03
Lot Dimensions 14.00 x 92.00
Property Sub-Type Land
Source BRIGHT
Property Description
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
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Exterior
Fence Fully
Water Access N
View City
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 442182000
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Joint Venture, Negotiable, Private, Other
Horse Property N
Listing Terms Cash, Conventional, Joint Venture, Negotiable, Private, Other
Financing Cash,Conventional,Joint Venture,Negotiable,Private,Other
Special Listing Condition Standard
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Zack Grimmer
Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849