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Key Details
Sold Price $4,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Society Hill
MLS Listing ID 1000873650
Sold Date 08/15/18
HOA Y/N N
Originating Board TREND
Year Built 2017
Annual Tax Amount $7,699
Tax Year 2018
Lot Size 1,760 Sqft
Acres 0.04
Lot Dimensions 22X80
Property Description
New construction mixed use property that consists of 12 residential units and 1 commercial space on a corner lot in the heart of Old City. The 12 units consist of all studio apartments and boast 400 square feet of living space. The rental units have been outfitted with many upgraded finishes including central air, washer/dryer in each unit, hardwood floors, stainless steel appliances, and comfortable layouts. The building has a 10 year approved Tax Abatement and the property was just built in 2017! All utilities are separately metered for each unit and tenants pay their own utilities including water. The annual rents for the property total $294,780. Featuring 1,400 square feet of ground ?oor retail/of?ce space with an open layout, large windows, full basement, and 100 feet of prime frontage, this space is Old City commercial at its ?nest. Serious buyers can submit requests for more detailed financial information by emailing or calling the listing agent.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Fireplace N
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 881007028
Ownership Fee Simple
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Bought with Katrina N Mink • BHHS Fox & Roach Rittenhouse Office at Walnut St