#PAPH2355458, Tanya D Howie, Listing Office: GW Property Management Inc
$3,088
closing credit¹
5924 Master St Philadelphia, PA 19151
Property details
About 5924 Master St
Exciting Investment Opportunity! This property is the perfect project for an investor ready to add value and see great returns. Fully zoned and designed for four units, the layout includes two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units. Also has the potential to add 1 or 2 units in the basement. The property is already framed, and all exterior work has been completed, saving you time and effort. All violations have been addressed and officially closed out, giving you a clean slate to move forward. The plans are fully approved, though the permit will need renewal, and with just $150,000 in renovations, you can bring this property to life. An appraisal values the completed property at $550,000 in 2013, making this a fantastic opportunity to generate equity and rental income. Property should appraise at least 600k in 2025. If you’re ready to invest in a project with incredible potential, don’t miss this chance! Reach out today to learn more and take the next step in building this amazing property. Looking for a fast 30 day close. All reasonable offers are welcomed and considered.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2433724
- MLS Name: BRIGHT
- Office Name: Skye Property Group
- Office Phone: (445) 204-5111
- Office Email: skyepropertygroupllc@gmail.com
- Listing Agent: Satia Gardner
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Last updated on: 2/1/2025, 11:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$260,000
5924 Master St
$3,088
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 04, 2023 | Home Sold | $75,000 |
Nov 03, 2020 | Home Sold | $30,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $159,500 | $2,232 |
2022 | $159,500 | $1,706 |
2021 | $- | $1,689 |
2020 | $121,900 | $1,706 |
2019 | $117,600 | $1,646 |
2018 | $111,800 | $1,564 |
2017 | $111,800 | $1,564 |
History based on county public records data.
Nearby schools
3
Universal Institute Charter School at Bluford
Public Charter KG-6
0.2 mi
•5801 Media St
4
West Philadelphia Achievement Ces
Public Charter KG-5
0.8 mi
•6701 Callowhill St
3
Mastery Charter School Mann Elementary
Public Charter KG-6
1.0 mi
•5376 W Berks St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,053. The majority of Philadelphia, PA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 5924 Master St in Philadelphia, PA and zip code 19151 in the Carroll Park neighborhood. This 1,980 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $260,000.
Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $267,873.