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Key Details
Sold Price $640,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $250
Subdivision Art Museum Area
MLS Listing ID PAPH859790
Sold Date 02/24/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1918
Annual Tax Amount $6,709
Tax Year 2020
Lot Size 960 Sqft
Acres 0.02
Lot Dimensions 16.00 x 60.00
Property Description
Beautifully Maintained four-unit building on Prime Corner Location in Heart of Fairmount. Two commercial main floor spaces and two upper floor residential units; all currently occupied**. Full basement. The first unit is a lovely picture window space on the corner of Aspen & 25th. Formerly a florist, design office, now a dry cleaner. Space can be configured in various ways. The second space was a business office and now a hair salon with a public entry on the street level of 25th Street (**this lease expires in January & tenant is relocating). The two first floor spaces share a bathroom (although there is also a toilet in the basement accessible by the first tenant). Both have access to a gated trash area off of 25th street. Both units could be combined into one for future tenants. The two residential units enter through a shared foyer on 25th St. The 2nd floor is a large, bright one-bedroom with bay window, fully renovated new kitchen and bathroom, and in-unit stacked washer/dryer. The 3rd floor is a large bright one-bedroom with a deck and renovated kitchen and bathroom, exposed brick walls and a private washer/dryer (located on the main level). Both units are a great size with tall windows on the south and west sides. Both are in great condition. This fabulous investment property is located within the core of the Art Museum neighborhood, on an active corner with a bar/restaurant and another commercial space. This address has a walk score of 92, many errands do not need a car. Easy access to public transportation. Building has been professionally maintained and updated annually by owner, who is a licensed carpenter. It s rare to find a commercial & residential space in such excellent condition. Make this your new investment location for 2020!
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning CMX1
Direction South
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ductless/Mini-Split, Window Unit(s)
Flooring Hardwood, Carpet, Ceramic Tile
Equipment None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Lot Description Corner, Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871089250
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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