Property Attributes
- MLS#PAPH2305852
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19106
- Zip19106
- StyleGeneral Retail,Professional
- Year Built1850
- Taxes$ 57251
- Price$ 6,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage21190
- Lot Size4,792 SqFt
Data Source:
Bright MLS
Property Description
In the heart of historic Old City sits this fantastic 18-unit Mixed Use brownstone opportunity. 16, 2-bedroom 1 bath updated residential units with stainless steel kitchen appliances and in-unit washer dryers. 2 Commercial retail spaces currently leased. Building is currently fully occupied. Located near Market-Frankford subway line and access to I-95.
Price History | |
---|---|
1/15/2024 | Listed $7,000,000 |
2/16/2024 | 8% - $6,500,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Other |
Cooling | Ductless/Mini-Split |
Possession | 31-60 Days CD |
Zoning | CMX3 |
Construction Materials | Masonry |
Year Built | 1850 |
Property SubType | Mixed Use |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 522763.97 |
Business Type | Other/General Retail,Professional |
Accessibility | None |
County | PHILADELPHIA |
Net Operating Income | 413300.49 |
Insurance Expense | 17371.00 |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Located on North 3rd Street between Arch and Race |
ModificationTimestamp | 2024-02-16T13:35:04 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.5 |
Total Units | 18 |
MLS Area | 19106 (19106) |
Lot Size Square Feet | 4867.00 |
Tax Assessed Value | 4090000.0 |
Waterfront Y/N | No |
Street Name | 3RD |
Tax Annual Amount | 57251.0 |
Trash Expense | 4695.00 |
Price Per Sq Ft | 306.75 |
Vacation Rental Y/N | No |
Days on Market | 107 |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 1057 |
Total Actual Rent | 518701.71 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | No |
Number of Elevators | 1 |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | None |
Land Use Code | CA0 |
Water View Y/N | No |
Building Area Total | 21190.00 |
Lot Dimensions | 49.00 x 100.00 |
Lot Size Acres | 0.11 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 409000.00 |
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