$1,025,000
$1,200,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
4,638 SqFt
SOLD DATE : 04/29/2022
Key Details
Sold Price $1,025,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,638 sqft
Price per Sqft $221
Subdivision Queen Village
MLS Listing ID PAPH2066808
Sold Date 04/29/22
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $9,449
Tax Year 2021
Lot Size 1,900 Sqft
Acres 0.04
Lot Dimensions 38.00 x 50.00
Property Description
Excellent opportunity to own/develop one of the only double wide, corner lots, in the heart of Queen Village on the historical Fabric Row, located in the Meredith Catchment. This parcel contains 4 residential units and 1 large commercial unit with the potential to finish the basement. Potential for a light, cosmetic renovation to increase rents and allow the buyer to take full advantage of the 10 year tax abatement. Great opportunity to own a prime piece of real estate that will continue to appreciate in value and carry great commercial and residential tenants for many years to come.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871045600
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jacob K. Cooper • MSC Retail, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "