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$160,000
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Property Description
Seller financing available! Remodeling is currently underway, and the owner is looking to sell at any stage of the rehab. The current framing that has been completed enables various uses, from 5 apartments (zoning variance is required), to 4 apartments, triplex, duplex, down to extra-large single that can be used as an assisted living or group-housing of 12 bedrooms. Historically, this building was always multi-unit. The owner temporarily converted it to single-family to expedite permits, the new layout reflects its multi-unit potential. ARV $850k++ (income-based valuation) Property Overview: "¢"‚"‚"‚"‚"‚Size: 3,750 SF "¢"‚"‚"‚"‚"‚Zoning: RSA-5, previously multi-unit - strong case for grandfathering variance approval "¢"‚"‚"‚"‚"‚Current Status: Remodeling underway, available for sale at any rehab stage. "¢"‚"‚"‚"‚"‚Completed Work: Architectural plans, framing, new windows, rough plumbing, rough electrical, insulation (in progress). "¢"‚"‚"‚"‚"‚Remaining Work: HVAC, drywall, painting, flooring, kitchens, and bathrooms (Estimated Cost: $120K-$160K). Flexible Investment Options: "¢"‚"‚"‚"‚"‚5 Apartments (Variance Required): o"‚"‚"‚"‚"‚Units of 2BR/1BA, potential rents up to $1,500/month. o"‚"‚"‚"‚"‚Total projected rent: $7,300/month. "¢"‚"‚"‚"‚"‚Group Housing/Assisted Living (10-12 Bedrooms): o"‚"‚"‚"‚"‚Ideal for sober living, transitional housing, veteran programs, or assisted living. o"‚"‚"‚"‚"‚Projected rents: $7,000-$8,400/month.
Full Property Details
Full Property Details for 4714 Griscom St
General
- Sold For: $160,000
- Taxes: $3,838 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2452610
- Added to Site: 366 day(s) ago
Interior
- Number of Rooms: 12
Additional Information
- Spa: Yes
Parking
- Parking Type: Off Street
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANKFORD
- Driving Directions: Frankfort
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: AirLite
- Structure Type: Detached
- Construction: Masonry, Brick, Brick Front, Stucco
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Rear Entrance, Side Entrance, Space For Rooms, Unfinished
- Foundation: Brick/Mortar
- Roof: Asphalt
- Walls/Ceilings: Unfinished Walls
- Stories/Levels: 3
- Square Feet: 3,750
- Sq. Ft. Source: Estimated
- Living Area: 3,750 Sq. Ft.
- Finished Above Grnd: 3,750 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Below Average, Major Rehab Needed
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,290
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 118.00
- Zoning: RESID
Financial Considerations
- Price Per Sq. Ft.: $74.64
- Tax w/Assessment: $274,200
- Tax Amount: $3,838
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by BHHS Fox & Roach-Haverford, Devorah Selber
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 4714 Griscom St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Marshall John School 4500 Griscom Street, Philadelphia, PA 19124 | K-5 | 0.2 mi |
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124 | 7-8 | 0.6 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4714 Griscom St
Date
Details
Price
Change
Source
10/02/2025
Sold
$160,000
-42.84%
MLS
6/04/2025
Price Reduced
$279,900
-3.45%
MLS
4/30/2025
Price Reduced
$289,900
-3.04%
MLS
4/01/2025
Price Reduced
$299,000
-7.97%
MLS
3/05/2025
Listed
$324,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4714 Griscom Street, Philadelphia, PA 19124 (MLS# PAPH2452610) is a Single Family property that was sold at $160,000 on October 02, 2025. Want to learn more about 4714 Griscom Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

