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Key Details
Sold Price $1,185,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,284 sqft
Price per Sqft $276
Subdivision Fairmount
MLS Listing ID PAPH2005982
Sold Date 11/02/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $9,314
Tax Year 2021
Lot Size 2,600 Sqft
Acres 0.06
Lot Dimensions 25.00 x 104.00
Property Description
This property at 641 N 15th Street is a 6-unit multifamily building sits on the corner of N. 15th and Wallace streets and includes (4) one bedroom/one bath units, (2) two bedroom/two bath units, and (1) parking spot. The building has been well kept over the years and is fully occupied. The units are in turnkey condition, but there is still value to be added with rents currently below the market rate. There is room to upgrade finishes and add washers and dryers to each unit. The property is extremely well located in the heart of Philadelphia’s Fairmount Neighborhood. Fairmount is a well established residential neighborhood, as well as a bustling commercial corridor with many restaurants, shops and museums along Fairmount Avenue and Spring Garden Street.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Heat Source Other
Exterior
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 881808950
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Roman Anthony Melnyk • Mallin Panchelli Nadel Realty Inc