4,725 Sqft Lot
4,725 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID PAPH2525994
Year Built 1900
Annual Tax Amount $6,664
Tax Year 2024
Lot Size 4,725 Sqft
Acres 0.11
Lot Dimensions 35 X 135
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with granite, stainless steel appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. One heat forced air furnace and all electric baseboard heat replaced in 2024-2025. All units have A/C with either C/A or minisplits and one window unit. Laundry in basement.
Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currently leased with a total current annual revenue of $64,980.00. Units currently rented below market value due to some winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is.
Convenient to Penn, Drexel and University of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric
Cooling Central A/C, Ductless/Mini-Split
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881707200
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
