5201 Wakefield Street, Philadelphia, PA 19144Asking Price of: $580,000

5201 Wakefield Street is a mixed-use investment property located in the Germantown neighborhood of Philadelphia. This asset represents a distinctive investment opportunity within Germantown’s rapidly developing corridor. The five-unit property includes five well-designed residential apartments and a main-level commercial space suitable for various professional uses, presenting significant value-add potential. The three-story building features five residential units and one commercial unit, supporting multiple income streams. Amenities for residents include a dedicated laundry area equipped with coin-operated machines. The property spans 4,976 square feet on a 5,545-square-foot lot and comprises a total of 10 bedrooms and 4 bathrooms, accommodating diverse rental requirements. Benefits from a prime location near public transportation, retail options, and community resources, enhancing its appeal to prospective investors. Additional features include a camera security system and off-street parking. Investors have the opportunity to execute a value-add strategy by upgrading the units, leasing at market rates, and utilizing the flexible commercial space, all within one of Philadelphia’s most dynamic redevelopment districts. Its prominent corner position ensures excellent visibility and ample natural light for residential units. The property is being offered as-is.