5924 Master Street
Philadelphia, PA 19151
- – beds
- – baths
- 1,980 sqft
- 1,913 sqft lot
- $138 per sqft
- 1900 build
Exciting Investment Opportunity! This property is the perfect project for an investor ready to add value and see great returns. Fully zoned and designed for four units, the layout includes two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units. Also has the potential to add 1 or 2 units in the basement. The property is already framed, and all exterior work has been completed, saving you time and effort. All violations have been addressed and officially closed out, giving you a clean slate to move forward. The plans are fully approved, though the permit will need renewal, and with just $150,000 in renovations, you can bring this property to life. An appraisal values the completed property at $550,000 in 2013, making this a fantastic opportunity to generate equity and rental income. Property should appraise at least 600k in 2025. If you’re ready to invest in a project with incredible potential, don’t miss this chance! Reach out today to learn more and take the next step in building this amazing property. Looking for a fast 30 day close. All reasonable offers are welcomed and considered.
Last checked:
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Checking…
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Last updated Jan 13, 2025
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MLS# PAPH2433724 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Other
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Accessibility Features:36
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Daylight, Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1980
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1980
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Living Area SqFt:1,980 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:0-30 Days CD
Location
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Directions:Use GPS
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Latitude:39.97262192
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Longitude:-75.23921967
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:23.00 x 85.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,913 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:H50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (646) 866-0049
- Office phone:
- (445) 204-5111
Taxes
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Tax ID Number:342021200
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Tax Year:2024
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Tax Lot:48
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Tax Annual Amount:$2,232
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Tax Assessed Value:$159,500
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Year Assessed:2024
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School Tax:1250.0
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City/Town Tax:982.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating Type:None
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Heating Fuel:None
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:None
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:2
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/13/25
Jan 13, 2025
|
Price Changed | BRIGHT | $275,000 | 10.0% |
|
1/8/25
Jan 8, 2025
|
Listed / Active | BRIGHT | $250,000 |
