2047 WATKINS ST, Philadelphia, PA 19145

• 4 beds |
• 4 baths |
• 2,071 sqft

Property Description

Investor Opportunity in the Heart of Point Breeze – 2047 Watkins Street 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.

Listing Status:

Active

Data Last Updated:

March 26, 2026 at 4:22PM

Listing Office:

Eliakim Realty Inc : 2676262398

Listing Agent:

Nestor F Colon : 2152001089

MLS ID:

PAPH2599778

Interior

• Laundry: Basement
• Basement: Full
• A/C: None
• Heating: Natural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• General: Masonry3Concrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5363136100

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN