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Marjorie Dick Stuart

  • Cell 240-731-8079
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5020 Griscom St, PHILADELPHIA, PA – $250,000

  • $250k Price
  • 2,704 Sqft
  • ½ Acres
  • 17 DOM
  • $250k Price
  • 2,704 Sqft
  • ½ Acres
  • 17 DOM

5020 Griscom St

Welcome to 5020 Griscom Street – A True Value-Add Investment with a $20,000 Credit Offered! The seller is offering a $20,000 credit toward closing costs or down payment, making this LEGAL 8-unit apartment building an unbeatable opportunity for savvy investors. Featuring a mix of 1-bedroom and studio units, this property is primed for a complete renovation. With smaller unit sizes, rehab costs remain highly manageable—estimated at under $30,000 per unit. After repairs, the building carries a strong minimum ARV of $700,000. Rental programs pay up to $1,200 per unit, or investors can achieve at least $850 per unit with market tenants—delivering strong projected monthly and annual cash flow. Seller not only provides the $20,000 credit but also has direct lender connections willing to finance the project for experienced buyers, helping you get started with less out-of-pocket. This is a true cash cow investment—an affordable rehab with immediate income potential and long-term equity growth. Perfect for investors seeking both short-term returns and lasting appreciation. Schedule your showing today!

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Essential Information

  • MLS® #PAPH2532816
  • Price$250,000
  • Bathrooms0.00
  • Square Footage2,704
  • Acres0.05
  • Year Built1920
  • TypeMulti-Family
  • Sub-TypeOther, Twin/Semi-Detached
  • StyleOther
  • StatusActive

Community Information

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

Amenities

Utilities

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

Interior

  • HeatingNone
  • CoolingNone
  • Has BasementYes
  • BasementUnfinished

Exterior

  • ExteriorBrick and Siding
  • RoofShingle
  • FoundationOther

School Information

District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

  • Date ListedSeptember 4th, 2025
  • Days on Market17
  • ZoningRSA3

Listing Details

  • OfficeLuxe Real Estate LLC
  • Office Contact2152517519
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Listing information last updated on September 20th, 2025 at 1:30am CDT.