SoldJul 7, 2016

Listed by Kevin McGillicuddy

980 N 5th St, Philadelphia, PA, 19123

$275,000

3
3
1960 sq. ft.
1742 sq. ft.

Condo

Sold: Jul 7, 2016

What's around 980 N 5th St

About this property

Almost 2000 sqft of raw potential on a wide, tree-lined residential block in Northern Liberties. Two rooms are finished, done to the nines, truly showcasing the HUGE potential of this home: Fabulous 3rd floor bedroom with vaulted ceilings, refinished red pine floors, exposed brick and remote control skylights. 2nd floor hall bath with contemporary flair- slate, granite, glass tile, exposed/curved brick wall. New windows have been installed on front facade of the building. 200 Amp electrical service. Now put on your hardhat and take a look at the architect's drawings to get your creative juices flowing- the rest of the house is ready for your special touch. First floor features vestibule entry, living room with high ceilings (soaring at nearly 10 feet!), with original red pine floors and sweeping, turned banister all the way to the third floor. Separate dining and partitioned kitchen that could be opened up into an amazing space. Exit through the potters shed into a well-proportioned, grassy yard brimming with raised herb garden beds (..and even a strawberry patch!) connected by a quaint brick walkway. The sizable side yard also connects to the street via prlvate breezeway. 2nd floor features two bedrooms (one is framed out with closets, the other in original condition) and a full bath. The third floor was originally two additional bedrooms, but the space has been opened up. Basement is full, unfinished, and hosts mechanicals. You are invited to run the numbers, there is a nice potential for equity here at this price once improvements are made. Architectural drawings are complete for a 3 BR, 2.5 Bath home. Grab your contractor and take a look; this is a decent candidate for a 203k loan or cash offer. The location is easily accessible by the historic 15 Trolley line and the Market-Frankfort El. New restaurants and shops open on Girard Ave all the time, quick walk to the Piazza and all the boutique shopping and fun bars on 2nd Street. Admittedly, the house is rough around the edges (let's be honest, it needs a lot of rehab) but presents itself as a reasonable candidate for a savvy investor or anyone who wants to invest in their own vision for the property. Intended to be an AS-IS sale.

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