Property Attributes
- MLS#PAPH2341424
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19121
- NeighborhoodTemple University
- Zip19121
- StyleConvenience Store/Gas,Professional
- Year Built2017
- Taxes$ 1587
- Price$ 824,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5400
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,475,000 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
Price History | |
---|---|
4/10/2024 | Listed $849,900 |
5/14/2024 | 3% - $824,900 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central,Heat Pump(s) |
Cooling | Central A/C |
Possession | Negotiable |
Zoning | CMX25 |
Construction Materials | Masonry |
Year Built | 2017 |
Property SubType | Mixed Use |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Convenience Store/Gas,Professional |
Accessibility | None |
County | PHILADELPHIA |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | TEMPLE UNIVERSITY |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Between 16th and 17th Streets |
ModificationTimestamp | 2024-05-14T10:58:52 |
City | PHILADELPHIA |
Buyer Agent Compensation | 3 |
MLS Area | 19121 (19121) |
Lot Size Square Feet | 1440.00 |
Tax Assessed Value | 113400.0 |
Waterfront Y/N | No |
Street Name | CECIL B MOORE |
Tax Annual Amount | 1587.0 |
Historic Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 35 |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 264 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | Yes |
Total Restrooms | 15 |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | Y70 |
Water View Y/N | No |
Building Area Total | 0.00 |
Lot Dimensions | 18.00 x 80.00 |
Lot Size Acres | 0.03 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 113400.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool