$175,000
$195,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
1,813 SqFt
SOLD DATE : 07/09/2019
Key Details
Sold Price $175,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,813 sqft
Price per Sqft $96
Subdivision Brewerytown
MLS Listing ID PAPH803464
Sold Date 07/09/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,037
Tax Year 2019
Lot Size 1,086 Sqft
Acres 0.02
Lot Dimensions 15.08 x 72.00
Property Description
1800+ SF 3-story value-add triplex in red-hot 19121 zip code. This 3-unit multifamily property is in livable condition but needs full rehab to bring up to top-of-market standards. Just mile east of Fairmount Park and mile north of booming Brewerytown where investor demand is surging. Great location for future rent growth and appreciation. This is a terrific starter project for builders and investors looking fora long-term investment hold. Currently configured as commercial ground floor(3bdx2ba residential conversion option), 2bdx1ba, and 2bdx1ba. Full gut renovation will qualify this property for Philadelphia's 10yr tax abatement program. Sample plans available upon request.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type On Street
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 324040800
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Ryan J McManus • Compass RE
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