5463-5455 THOMAS AVENUE Philadelphia, PA, 19143
$ 395,000Bedrooms 3 Baths1.0 Sq 1,320
for $395,000 with 3 bedrooms and 1 full bath. This 1,320 square foot home was built in 1920 on a lot size of 15.00 x 77.94.
INVESTOR ALERT! Unique investment opportunity awaits you. There are 2 properties that are being sold together. This property is in a hot area of the city and is ready for you to renovate and create a solid investment with positive cash flow. It is presently a shell and the demo is done. The plans are being worked up for a 4-6 unit multi-family apartment building with commercial space on the ground floor. The prime commercial space faces 55th Street and was formerly home to Mathe's bakery. Zoning allows for 4-6 units and with the commercial space the possibilities are endless. A yoga studio, coffee shop, bakery or daycate ctr would benefit from this prime corner location in the hot 19143 zip code. Situated close to universities, hospitals and public transit. See attached preliminary plans in documents and please bring a flashlight for all showings as this is a shell.
Sewer Public Sewer
Water Source Public Water
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Philadelphia, PA
Average List Price $524,068
Percent of Sale Price 33 %
About Philadelphia, PA
3 %Since 2002
$ 38,982 Median Income
34.87 Median Age
25 % Households with Children
THE SCHOOL DISTRICT OF PHILADELPHIA School District