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About This Home
This 0-bedroom, 0-bathroom other at 5117 WARREN Street in PHILADELPHIA, PA is listed for $600,000. on a 0.21 acres lot.
5117-5127 Warren Street - 6-Lot Development Package | Up to 24 Units Rare opportunity to acquire six consecutive, RM-1 zoned lots in a surging area of West Philadelphia-shovel-ready and fully cleared. Located just one block off the bustling Lancaster Avenue commercial corridor, this stretch of Warren Street is surrounded by new construction, strong rental demand, and major development momentum.
This site comes with professional site planning and preliminary architectural renderings that support a 24-unit multifamily building. The proposed mix includes studios, 2-bedroom, and 3-bedroom units-perfectly suited for the neighborhood's growing demand for workforce housing and student housing.
Positioned within a Qualified Opportunity Zone (QOZ) and eligible for accelerated depreciation, this is an ideal project for long-term investors looking to build equity and generate significant tax benefits. (Buyers should consult their tax professional.) Highlights: 6 contiguous lots (5117-5127 Warren St) zoned RM-1 Preliminary site plan and rende
rings available for a 24-unit apartment building Fully cleared and shovel-ready In a QOZ - major tax incentives + bonus depreciation potential Surrounded by new construction, including multi-family and mixed-use projects Easy access to Center City, City Ave, and University City Unbeatable Location: 1 block to Lancaster Ave commercial corridor 0.7 m
i to ParkWest Town Center (ShopRite, Lowes, Planet Fitness) Minutes to Fairmount Park, the Mann Music Center, Please Touch Museum, and Bala Golf Club Close to St. Joseph's University, University of Pennsylvania, Drexel University, and Philadelphia College of Osteopathic Medicine (PCOM) Convenient access to Route 1, I-76, and SEPTA regional rail & t
rolley lines This is your chance to control a full development site in a high-growth corridor with proven rental demand and long-term upside. Build a new apartment building in a well-connected, transit-friendly, and amenity-rich neighborhood that continues to see significant public and private investment.
Key Features
- 0.21 acre lot
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5117 WARREN Street
PHILADELPHIA, PA 19131
WEST PHILADELPHIA
Property Details
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom other at 5117 WARREN Street is listed at $600,000. The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.
Key features include: 0.21 acre lot.
This property is listed by William B Spinner and can be reached at 8564187852 or brandon@njpropertyexchange.com.










