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sales rep | Brivity IDX

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5116 5116-18 Wakefield St , Philadelphia, PA 19144
$85,000
Est. Payment: $459.18/mo
0.12 Acres
Status: active | Days on site: 85
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House 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.

Highlights

Listed by Marvis Burns , 2673687260 BMB Living, Inc. , 2674632428. Bright MLS

Property Type

Vacant Land

Lot/Acreage
0.12

County

Philadelphia

Area

19144 (19144)

Neighborhood

Germantown

School District

The School District Of Philadelphia

Listing ID

PAPH2657436

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:0
Sewer:No Septic Approved,On Site Septic
Principal Interest
$459
Taxes
$95

Home Price

$85,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$17,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$459.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $459.18 $94.58 $0.00 $553.77
Yearly $5,510.22 $1,135.00 $0.00 $6,645.22
Total $165,306.50 $34,050.00 $0.00 $199,356.50
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS