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5329 Race St
5329 Race St
5329 Race St
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$81,250

5329 Race St

1,796 Sq.Ft.

Description

Investor special now available! Located in the rapidly gentrifying neighborhood of Haddington, situated around new construction that can be found on the same street. Upon arrival, you'll notice a well kept block and an abundance of street parking on the exterior. From there, when entering you'll notice the sheer size of this building, creating endless possibilities for whatever you may envision to do with the space. The unit is currently RSA3, though has present use listed as a commercial mixed use space, allowing any investor/developer or aspiring business owner the opportunity to truly make the space yours. Whether you would like to rehab this home as a single family unit, it features 1800 sq ft. of space with ARVs ranging from 250-300K. For the aspiring developer, you may decide to demo and rebuild an entirely new structure that features multiple units, much to the same that the neighboring property did down the street which managed to fit three new units into their build. And for the prospective entrepreneur, since the property currently has a registered use as a mixed use building, you could renovate the first floor to meet your business demands, and fix up the second floor to add apartments and rent out. To boot, this property is also perfectly situated near major transportation hubs and locations within the city that include I-76, Route 1, and University City. So what are you waiting for? Schedule an appointment to see before it's too late.

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Location

5329 Race St, Philadelphia, PA 19139

Status

Sold
Ryan Tagliamonte

Ryan Tagliamonte

TITLE

Realtor®

Property Amenities

Area & Lot
Lot Area 1,263 Sq.Ft.
Living area 1,796 Sq.Ft.
MLS® ID PAPH2335946
Year Built 1925
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Architecture Styles Straight Thru
Type Townhouse
Status Sold
Exterior
Stories 2
Water Source Public
Parking On Street
Finance
Sales Price $81,250
Real Estate Tax $704 yearly

Work With Ryan

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.