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Key Details
Sold Price $1,125,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 19,298 sqft
Price per Sqft $58
Subdivision Port Richmond
MLS Listing ID PAPH843664
Sold Date 05/17/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1929
Annual Tax Amount $3,396
Tax Year 2021
Lot Size 10,240 Sqft
Acres 0.24
Lot Dimensions 51x70.7x157
Property Description
Investor or Developer. Lot size 10,240 sqft. Great opportunity to acquire a significant parcel in a sought after area for both residential and commercial uses in Philadelphia. RSA5 zoning. Huge 19298 sqft building, goes from street to street. Property is situated in a energized, gentrifying neighborhood. Surrounded by new developments. Just blocks away from entertainment and public transportation to Center City. The existing building provides the ability to hold & market as rental space which has a large center courtyard. Several of the units are made up with apartment floor plans, spacious artist studios and several undeveloped spaces being rented as garages and are very well ventilated and secure. This is a multi-use, it has apartments, artist spaces and oversized garages. Rent gross approximately $105,000 per year. (4) 1 br apartments, (1) 2br apartment, (6) artist studios, (3) separate spacious garages totaling 6000 sqft. Or demo to take advantage of the full lot size and maximize profits. This site borders Fishtown, East Kensington and Port Richmond Philadelphia. Steps away from both Kensington Avenue and Aramingo Avenue one of the primary commercial corridors serving the surrounding areas.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas, Electric
Heating Radiator, Hot Water & Baseboard - Electric, Forced Air
Cooling Ceiling Fan(s), Multi Units, Window Unit(s)
Flooring Tile/Brick, Heavy Duty
Fireplace N
Heat Source Electric, Natural Gas
Exterior
Utilities Available Sewer Available, Natural Gas Available, Electric Available
Water Access N
Roof Type Flat
Street Surface US Highway/Interstate
Accessibility 32\"+ wide Doors, >84\" Garage Door
Road Frontage Private
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Other,Masonry
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884345235
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Ramon D Caceres Jr. • Penn Liberty Real Estate