Incredible development opportunity! Three very large separate parcels. Combined land square footage of 7576. Current building square footage of 6355. Property consist of a 16x118 vacant lot and 2 shells that have started construction and framing. Currently layout was going to be a 3 unit and a 4 unit with driveway and parking for all units. Vacant lot can be developed with additional 4 units by right. Otherwise potentially combined all parcels for one large apartment building.
Sold for $485,000 on 02/05/25
$485,000
5161-5165 Wakefield St, Philadelphia, PA 19144
--beds
--baths
6,355sqft
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$76/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 17, 2025 at 11:38pm
Listed by:
Christopher Somers 267-987-4443,
KW Empower,
Co-Listing Agent: Sean Dundon 215-627-3500,
KW Empower
Bought with:
Holly Iversen, RS350144
KW Empower
Source: Bright MLS,MLS#: PAPH2364792

Facts & features
Interior
Basement
- Area: 0
Heating
- None
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 6,355
- Total interior livable area: 6,355 sqft
Property
Parking
- Total spaces: 7
- Parking features: On Street, Driveway
- Uncovered spaces: 7
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,606 sqft
- Dimensions: 31.00 x 118.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 121171900
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple