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Marjorie Dick Stuart

  • Cell 240-731-8079
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5020 Griscom St, PHILADELPHIA, PA – $209,900

  • $210k Price
  • 2,704 Sqft
  • ½ Acres
  • 85 DOM
  • $210k Price
  • 2,704 Sqft
  • ½ Acres
  • 85 DOM

5020 Griscom St

Welcome to 5020 Griscom Street – A True Value-Add Investment Opportunity! This legal 8-unit apartment building, featuring a mix of 1-bedroom and studio units, is a prime opportunity for savvy investors. The property requires a full renovation, but with smaller unit sizes, rehab costs remain highly manageable—estimated at under $20,000 per unit. After repairs, the building carries a strong minimum ARV of $700,000. Rental programs can pay up to $1,200 per unit, or investors can easily achieve at least $850 per unit with market tenants—delivering strong projected monthly and annual cash flow. Seller has direct lender connections willing to finance the project for experienced buyers, making it easier to get started with less upfront capital. This property is a true cash-flow machine—an affordable rehab with immediate income potential and long-term equity growth. Perfect for investors seeking both short-term profitability and lasting appreciation. Schedule your showing today!

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Essential Information

  • MLS® #PAPH2532736
  • Price$209,900
  • Bathrooms0.00
  • Square Footage2,704
  • Acres0.05
  • Year Built1920
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address5020 Griscom St
  • Area19124
  • SubdivisionFRANKFORD
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19124

Amenities

Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available

Interior

  • HeatingNone
  • CoolingNone

Exterior

  • ExteriorBrick
  • RoofShingle
  • ConstructionBrick

Additional Information

  • Date ListedAugust 30th, 2025
  • Days on Market85
  • ZoningRSA3

Listing Details

  • OfficeLuxe Real Estate LLC
  • Office Contact2152517519
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Price Change History for 5020 Griscom St, PHILADELPHIA, PA (MLS® #PAPH2532736)

Date Details Price Change
Price Reduced $209,900 $15,000 (6.67%)
Price Reduced (from $250,000) $224,900 $25,100 (10.04%)

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Listing information last updated on November 25th, 2025 at 4:06am CST.