$85,000
 $456 est/mo Sourced by Back At You

5116-18 Wakefield St,PHILADELPHIA, PA 19144

PHILADELPHIA, PA 19144

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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.

Details

MLS #PAPH2657436
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Days On Site78
Listing Provided ByBMB Living, Inc. | Marvis Burns

Features

Zoning0
Acreage0.12

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1135

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in GERMANTOWN)
Price:
$85,000
low | high
Med:
$142,500
17.647058823529% of Average
On site:
78
low | high
Med:
129.5
60.23166023166% of Average
Sourced by Back At You

Market Activity 19144

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Additional Information

Showing Information

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Contact

Learn More About This Property

Marie Kovach

Marie Kovach

Class Harlan Real Estate

RS317730ABR, SRES (215) 651-3909mariekovach@hotmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in GERMANTOWN)
Price:
$85,000
low | high
Med:
$142,500
17.647058823529% of Average
On site:
78
low | high
Med:
129.5
60.23166023166% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $63K - $106K
sqft: 0 - 0
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Listing Updated: October 2, 2026 at 7:13:31 PM PDT