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Key Details
Sold Price $965,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,189 sqft
Price per Sqft $230
Subdivision Passyunk Square
MLS Listing ID PAPH982540
Sold Date 04/18/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $9,759
Tax Year 2022
Lot Size 2,059 Sqft
Acres 0.05
Lot Dimensions 35.50 x 58.00
Property Description
1916, and 1918 is a prime opportunity on one of the most bustling commercial corridors in Philadelphia. Double Net Lease! Separate utilities! 1916-18 is a combined double property with a large double commercial store front and two large double sized 2 bedroom apartments. Commercial tenant is a double net lease with renewal options and also with rent increases built in. The two apartments also share in the expenses - they pay their part of the water/sewer bill and trash. In 1916-18, tenants pay their own gas and electric. Rare opportunity! Act now!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX25
Direction East
Interior
Hot Water Natural Gas
Heating Hot Water, Baseboard - Hot Water, Central, Forced Air, Radiator, Radiant
Cooling Central A/C, Wall Unit, Ductless/Mini-Split
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871559502
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Michael A Giangiordano II • Century 21 Forrester Real Estate
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