Patterson-Schwartz Real Estate114 S 58Th Street, Philadelphia, PA 19139-3131 $99,000
Interior Sq. Ft: 1,500
Acreage: 0.04
Age:100 years
Style:
Straight Thru
Subdivision: West Philadelphia
Design/Type:
Twin/Semi-Detached
Description
​Unlock the potential of 114 S 58th Street, a prime investment opportunity in Philadelphia's burgeoning real estate market. This 1,500-square-foot single-family home, situated on a 1,665-square-foot lot, offers a solid foundation for a lucrative renovation project. ​ Property Highlights: Size & Structure: Built in 1925, this two-story brick home encompasses 1,500 square feet of living space, providing ample room for a variety of design configurations. ​ Zoning: Classified under RM1 zoning, the property allows for multifamily use, presenting versatile redevelopment possibilities. ​Use Registration Permit will be required for Multi Family. Comparable Sales: Nearby properties underscore the area's investment potential:​ In the last 180 days, properties within 1/10th of a mile have sold for over $250,000 once renovated. Rental Market: The area commands strong rental rates, with similar properties achieving monthly rents around $1,615, indicating a favorable return on investment post-renovation. ​ Investment Potential: Acquiring 114 S 58th Street offers a strategic opportunity to capitalize on the neighborhood's growth. With a comprehensive renovation, investors can significantly increase the property's value, aligning with or surpassing local comparables. The RM1 zoning further enhances flexibility, allowing for multifamily development to maximize income potential.​ For the discerning investor, 114 S 58th Street represents a canvas ready for transformation. Its solid structure, favorable zoning, and promising market dynamics make it an ideal candidate for a high-yield investment in Philadelphia's evolving landscape.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Baseboard - Hot Water Heating, Natural Gas Available, None, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Unfinished Basement
Exterior
Brick/Mortar Foundation, Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (132 schools)
Public Middle (21 schools)
Public High (51 schools)
Private (129 schools)
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Philadelphia (19139), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $30,970
Community Summary
- Population Density (ppl / mile): 26,194
- Household Size (ppl): 2.61
- Households w/ Children: 71%
Housing Inventory
- Owned: 6,994 (32.8%)
- Rented: 10,334 (48.4%)
- Vacant: 4,021 (18.8%)
- Total: 21,349
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.2%
- Some High School: 12.4%
- High School Graduate: 37.8%
- Some College: 24.4%
- Associate Degree: 5.7%
- Bachelor's Degree: 10.6%
- Graduate Degree: 6.0%
Income by dollar range
Median Income: $30,633
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $694
- One Bedroom: $701
- Two Bedroom: $948
- Three Bedroom: $950
- Four Bedroom: $1,233
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5104
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/31/2025.
