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    45-51 Logan St Philadelphia, PA 19144

    Sponsored
    For Sale
    $625,000

    Versatile 9,482 SF building, 20 bedrooms, 4 kitchens.

    Property size:
    9,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,482 square foot property, situated on a 0.18-acre lot in Philadelphia, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1940, consists of two connected three-story masonry structures, offering 20 bedrooms, 17 of which are single occupancy. Four kitchens are included, with one serving as a combined laundry and commercial kitchen area. The property's layout includes two rear porches and common sitting areas, separated by an enclosed emergency exit staircase providing access to rear exits on all three floors. Currently vacant, this adaptable space was previously utilized as a youth center, offering significant potential for various uses. Its strategic location between Germantown Avenue and Greene Street, with convenient access to Roosevelt Boulevard and North Broad Street, ensures excellent connectivity within Philadelphia and its surrounding areas. The property is zoned RTA-1 (Residential Two-Family Attached), providing flexibility for future development or repurposing. The asking price is $625,000, translating to $65.91 per square foot. This represents a compelling opportunity to acquire a substantial property in a desirable Philadelphia location. The address is 45-51 W Logan St, Philadelphia, PA 19144.

    Property Features for 45-51 Logan St

    General Information

    Property type
    Schools
    Square Feet
    9,482 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1940
    Stories
    3

    HighLights

    • $625,000 asking price for a 9,482 SF special purpose property.
    • Vacant, three‑story building with 20 bedrooms and four kitchens.
    • Located in Philadelphia, PA at 45‑51 W Logan St, on a 0.18‑acre lot.
    • Previously used as a youth center; zoned RTA‑1 (Residential Two‑Family Attached).
    • Features two three‑story buildings connected by a hallway, and two rear porches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.163294270166
    Latitude
    40.027259122878

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    FAQs

    What type of property is this?
    School - Versatile 9,482 SF building, 20 bedrooms, 4 kitchens.
    Where is this school located?
    The property is located at 45-51 Logan St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price for a 9,482 SF special purpose property.; Vacant, three-story building with 20 bedrooms and four kitchens.; Located in Philadelphia, PA at 45-51 W Logan St, on a 0.18-acre lot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45-51 Logan St Philadelphia, PA 19144
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