LOT SIZE 0.120 acres
MLS#PAPH2624778
STATUSACTIVE
PROPERTY TYPELand - Lot/Land
SUBDIVISIONGERMANTOWN
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
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.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.12 Acres
Taxes: $1,135
Feature Descriptions
Days on Site: 4
Lot Dimensions: 0.12 Acre(S)
Municipality: PHILADELPHIA
Sewer: No Septic Approved, On Site Septic
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: BMB Living, Inc.
Agency Phone: 2674632428
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 308.55 per month $189.17 Principal & Interest $94.58 Property Tax $24.79 Homeowner's InsuranceChange Payment Information
5116-18 Wakefield Street | MLS# PAPH2624778
This land located at 5116-18 Wakefield Street , Philadelphia, PA 19144 is currently listed for sale with an asking price of $85,000. The property has approximately 0.12 Acres. 5116-18 Wakefield Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymark.net today.