UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,071 sqft
Price per Sqft $120
Subdivision Point Breeze
MLS Listing ID PAPH2599778
Style Straight Thru
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,639
Year Built 2022
Annual Tax Amount $2,365
Tax Year 2025
Lot Size 630 Sqft
Acres 0.01
Lot Dimensions 14.00 x 45.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Calling all investors, builders, and developers looking for their next standout project in one of Philadelphia's most rapidly appreciating neighborhoods. Welcome to 2047 Watkins Street, a prime redevelopment opportunity located in the highly sought-after Point Breeze section of the city.
This three-story property with pilot house and rooftop deck is already well on its way to becoming a showpiece. The property features a newly completed front façade and is framed for a spacious 4-bedroom, 3.5-bathroom layout, providing the ideal foundation for a high-end renovation.
The basement offers excellent ceiling height and includes an egress window, making it perfectly suited to be finished as the fourth bedroom with a full bathroom, laundry area, and mechanicals, maximizing both functionality and resale value.
The main level is designed to accommodate an open-concept living room, convenient half bathroom, and a spacious kitchen, with direct access to a generous backyard ideal for entertaining or outdoor living.
On the second floor, framing is already in place for **two well-sized bedrooms and a full bathroom**, creating the perfect layout for guests or family living.
The third floor is dedicated to the primary suite, featuring space for a luxurious primary bedroom and bathroom, complemented by a private balcony. Continue up to the pilot house and rooftop deck, where you will enjoy stunning, unobstructed views of the Philadelphia skyline—a premium feature that significantly elevates the final product.
With the right finishes and vision, this property has the potential to become a true masterpiece, with a projected after-repair value in the mid-$500,000s.
Surrounded by new construction and major redevelopment throughout the immediate block and surrounding area, the location continues to attract strong buyer demand and long-term growth.
Opportunities like this in Point Breeze are becoming increasingly rare.
Schedule your showing today and submit your offer. Properties with this level of potential do not last long.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Basement
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Concrete Perimeter
Above Ground Finished SqFt 1639
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 363136100
Ownership Fee Simple
SqFt Source 2071
Acceptable Financing Cash, Conventional, FHA 203(k), Private, Other
Listing Terms Cash, Conventional, FHA 203(k), Private, Other
Financing Cash,Conventional,FHA 203(k),Private,Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS