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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,880 sqft
Price per Sqft $173
Subdivision Olde Kensington
MLS Listing ID PAPH853018
Sold Date 12/23/19
Style Traditional
HOA Y/N N
Abv Grd Liv Area 3,880
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $6,050
Tax Year 2020
Lot Size 2,512 Sqft
Acres 0.06
Lot Dimensions 25.00 x 100.50
Property Description
The possibilities are endless! Condo conversion or multi-unit buy and hold or buy and renovate and sell! Home is being offered as a package for $625K with the lot next door, 1316 N. Franklin St. (MLS# PAPH851682). Both are zoned RM1 for multi-family dwelling and occupy huge 25 x 100 lots street to street. Build up to 6 units by right on each parcel (incumbent on buyer to confirm usage with city). This is one of the hottest and fastest appreciating neighborhoods in the city. The home at has many beautiful original details and is a solid brick structure with good bones and high ceilings in need of a full renovation. Buy both and renovate one and build the other from the ground up or tear down the structure and start from scratch with a 50 by 100 lot. Property will be sold as-is. Cash buyers only.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 141071710
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Keith P Adams • Compass RE
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