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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $174
Subdivision Olney
MLS Listing ID PAPH2158358
Sold Date 02/28/23
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,336
Tax Year 2022
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20.00 x 100.00
Property Description
Great opportunity to own a medical/dental office with two apartment units on the 2nd floor. 5436 N Lawrence St and 5438 N Lawrence Street are both for sale and offered together in this sale. 5436 and 5438 are twin houses that share one common wall. It has been converted to a mixed use property where there are 2 openings in the shared wall on the first floor to make the entire first floor as a dental/medical office. On the 2nd floor of each unit is a 2 bedroom unit, where you have a total of 3 units. All 3 units are ready for an owner to run their business or rent it all out! You have the option to convert it back to two properties. The possibilities are endless here. 5438 N Lawrence is at the corner of Lawrence and Tabor Ave where you do get a lot of exposure on Tabor Ave and it's one block away from 5th Street. Call me for more details.
Please note that the City of Philadelphia has conducted a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this process on the future real estate taxes for this property, you should contact the City of Philadelphia.
Buyer is responsible to reach out to L&I for zoning usage
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Heat Source Natural Gas
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 422490100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Thomas Nevrotski • Century 21 Advantage Gold-Lower Bucks