Property Attributes
- MLS#PAPH2305684
- TypeContingent
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19106
- Zip19106
- StyleRestaurant/Bar
- Year Built2017
- Taxes$ 4732
- Price$ 3,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1400
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
CORNER, mixed-use Investment opportunity in the heart of Old City! This turn-key property offers 12 residential studios with renovated baths and kitchens and in-unit laundry, PLUS one commercial space. Located along the commercial corridor of Market Street with access to the Market-Frankford subway line and Septa buses. Minutes from the historic district and a multitude of restaurants and shopping.
Price History | |
---|---|
1/15/2024 | Listed $4,150,000 |
2/16/2024 | 13% - $3,650,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Possession | 31-60 Days CD,61-90 Days CD |
Zoning | CMX3 |
Construction Materials | Masonry |
Year Built | 2017 |
Property SubType | Other |
Tax Year | 2024 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Restaurant/Bar |
Accessibility | None |
County | PHILADELPHIA |
Net Operating Income | 181157.00 |
Operating Expense | 52135.00 |
Insurance Expense | 7340.00 |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Property Use | Investment |
Status | ACTIVE UNDER CONTRACT |
Directions | Corner of 3rd and Market |
ModificationTimestamp | 2024-04-05T19:35:57 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.5 |
Total Units | 13 |
MLS Area | 19106 (19106) |
Lot Size Square Feet | 1760.00 |
Tax Assessed Value | 338090.0 |
Waterfront Y/N | No |
Street Name | MARKET |
Tax Annual Amount | 4732.0 |
Trash Expense | 5790.00 |
Price Per Sq Ft | 553.03 |
Vacation Rental Y/N | No |
Days on Market | 82 |
Standard Status | Active Under Contract |
Year Built Source | Assessor |
Tax Lot | 159 |
Total Actual Rent | 230861.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Total Stories | 4 |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Total Restrooms | 1 |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | None |
Land Use Code | CA0 |
Water View Y/N | No |
Building Area Total | 6600.00 |
Lot Dimensions | 22.00 x 80.00 |
Lot Size Acres | 0.04 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 338090.00 |
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