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Key Details
Sold Price $1,380,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,891 sqft
Price per Sqft $282
Subdivision Fairmount
MLS Listing ID PAPH362278
Sold Date 02/28/19
HOA Y/N N
Originating Board TREND
Annual Tax Amount $7,730
Tax Year 2018
Lot Size 3,040 Sqft
Acres 0.07
Lot Dimensions 19X160
Property Description
This MASSIVE building of SIX UNITS (one shop and five apartments) is at a PRIME LOCATION near the intersection of Broad St. and Girard Ave where the newly opened THE MET is located. This property offers unbelievable POTENTIAL due to its location, CMX4 zoning, and LARGE EMPTY SPACE in the rear. This HUGE LOT extends all the way from Broad St. to Carlisle St. Next door properties have built on the back part of their lots. In addition to the shop, the property includes the following five apartments: One 4-Bed, three 2-Bed, one 1-Bed. Each one of the apartments has its own HVAC system (heat and air condition). The 4-Bed apartment has a full bath, and a powder room. All other apartments have a full bath. The store has a powder room. The building has 7 electric meters. The apartments are 100% electric. The property though has gas. All five apartments and exterior back brick wall were renovated in recent years. New kitchens with dishwashers (except in the 1-Bed Apt.), bathrooms, tiled floors, separate HVAC systems, intercom, etc. The building has a common laundry area on the main floor. The store front is on Broad St. The basement is extremely large and has high ceilings. The basement also has a large entrance from Broad St. Give this property a front facelift and make this gem shine again. The building is steps away from the Subway station, THE MET, two blocks away from the newly rehabbed Devine Lorraine Hotel, few blocks from City Hall, and walking distance to Temple University. It is a great investment the way it is currently setup, and offers so much more potential for additional growth to be explored and developed by its new owner. It is critical to know the value of the zoning CMX4 on this prime location on Broad St.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning CMX4
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric, Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
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 881427055
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Nancy S. Trachtenberg • BHHS Fox & Roach-Art Museum