Listed by Marvis Burns • BMB Living, Inc.
$85,000
Est. payment /mo
5,250 Sqft Lot
New
5116-18 WAKEFIELD ST Philadelphia, PA 19144
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Germantown
MLS Listing ID PAPH2624778
HOA Y/N N
Annual Tax Amount $1,135
Tax Year 2026
Lot Size 5,250 Sqft
Acres 0.12
Property Sub-Type Land
Source BRIGHT
Property Description
Build your vision on this rare development opportunity in the heart of Philadelphia. Located at 5112 Wakefield St in the Germantown section, this offering includes two side-by-side vacant lots, each measuring 25x50, with 2,625 square feet per lot for a total of 5,250 square feet.
The land is flat, industrial, and currently vacant, providing a clean slate for development without the need for demolition or extensive site work. Zoned residential (R), the property presents strong upside potential, with plans to pursue a zoning change that would allow for the construction of two triplexes—creating a six-unit residential complex.
This setup offers an excellent opportunity for investors and developers looking to maximize density and returns in a growing Philadelphia neighborhood. With its straightforward lot configuration and development potential, this property is well-suited for a multi-unit residential project designed to meet increasing housing demand.
Conveniently located near public transportation, neighborhood amenities, and major roadways, this site combines accessibility with long-term investment potential. Bring your plans and capitalize on the opportunity to develop a six-unit property in one of Philadelphia's established and evolving communities.
The land is flat, industrial, and currently vacant, providing a clean slate for development without the need for demolition or extensive site work. Zoned residential (R), the property presents strong upside potential, with plans to pursue a zoning change that would allow for the construction of two triplexes—creating a six-unit residential complex.
This setup offers an excellent opportunity for investors and developers looking to maximize density and returns in a growing Philadelphia neighborhood. With its straightforward lot configuration and development potential, this property is well-suited for a multi-unit residential project designed to meet increasing housing demand.
Conveniently located near public transportation, neighborhood amenities, and major roadways, this site combines accessibility with long-term investment potential. Bring your plans and capitalize on the opportunity to develop a six-unit property in one of Philadelphia's established and evolving communities.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA-5
Exterior
Water Access N
Garage N
Building
Sewer No Septic Approved, On Site Septic
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 776285000
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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