Philadelphia, PA 19121,1502-8 N 25TH ST

$1,625,000

$1,900,000

14.5%
Est.Price: ?

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Est. payment /mo

6,340 Sqft Lot


SOLD DATE : 01/20/2023

Key Details

Sold Price $1,625,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAPH2162498

Sold Date 01/20/23

Originating Board BRIGHT

Annual Tax Amount $1,847

Tax Year 2023

Lot Size 6,340 Sqft

Acres 0.15

Lot Dimensions 72.00 x 88.00

Property Description

Calling all investors! This property is in an Opportunity Zone and is your chance to add to your portfolio. 4-6 months from completion depending upon your speed. Located in Brewerytown, this project can be developed into an apartment complex or developed as condominiums and sold individually. It is 17 units comprised of three, one-bedroom, one-bath units, 10 two-bedroom, two-bath units, and 4 penthouses with private roof decks and stunning Center City views. There is an option to add one to two 1200-square foot units to the basement with an additional variance. The current basement plan includes the following communal amenities: gym, party room with kitchenette, storage lockers per unit, stroller/bike storage, walk-out to the communal backyard on the first floor. Located on a quiet street, one block from Athletic Pool and Recreation Center and Achieve Academy of Philadelphia. Walking Distance to Fairmount Park, Crime and Punishment Brewing Company, the Art Museum, Divine Lorraine, and the Broad Street Restaurants. Come and see all the potential! With such limited investment opportunities, this is one you don't want to miss!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Elevator

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 884345925

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Other

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Bright MLS (BMLS)
Listed by Jamie Hartman • EXP Realty, LLC
Bought with testagent-pepOnbOne w MrisApplnOne • TestingTradingAsInProd
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900 Route 168 Bldg. H, Turnersville, NJ, 08012

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