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Key Details
Sold Price $155,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $66
MLS Listing ID PAPH2301466
Sold Date 08/15/24
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,634
Tax Year 2023
Lot Size 1,312 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Description
Imagine owning a slice of West Philly with endless possibilities! This three-story, three-unit mixed-use property is back on the market and ready for a new owner. On the ground floor, you'll find a versatile commercial space currently functioning as a cold-food prep area or commissary. If your vision includes sizzling hot meals, don't worry! With a zoning change application, you can transform this space into a bustling restaurant. The storefront boasts commercial sinks and some equipment that could be included in the sale, giving you a head start. A convenient loading zone outside (from 6 am to 9 pm) takes care of deliveries, while a private fenced-in backyard provides off-street parking – a huge perk in the city. Head upstairs to discover two residential units, each with its own charm. The second floor offers a spacious apartment with a large living room, a full kitchen, and two generously sized bedrooms – perfect for a small family or a group of friends. Up on the third floor, a large efficiency apartment with a separate kitchen provides a cozy haven for a single person or couple. Both units are currently occupied by month-to-month tenants, offering immediate income potential. Managing the property is a breeze – separate electricity meters ensure individual billing, and just one water heater serves the first and third floors (with a dedicated one for the second floor). Plus, the landlord takes care of the heat, simplifying maintenance. The location is great. A short walk brings you to the Market-Frankford El train, offering easy access to Center City, City Ave, Delaware County, and beyond. Schools, highways, and shopping are all conveniently nearby. This property is bursting with potential, whether you're a seasoned investor or a first-time owner looking for a unique opportunity. Don't miss out on your chance to own this versatile property in a vibrant West Philly neighborhood. Schedule your showing today with at least 24 hours' notice, and get ready to write the next chapter for this exciting property! (Please note: property and equipment sold AS-IS.)
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX1
Interior
Hot Water Electric
Heating Hot Water, Wall Unit
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871545260
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jennifer L Bennett • Perfect Place Real Estate Co.