$121,000
$139,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
2,193 SqFt
SOLD DATE : 03/11/2022
Key Details
Sold Price $121,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,193 sqft
Price per Sqft $55
Subdivision Philadelphia (Southwest)
MLS Listing ID PAPH2075666
Sold Date 03/11/22
Originating Board BRIGHT
Year Built 1915
Tax Year 2021
Lot Size 1,536 Sqft
Acres 0.04
Lot Dimensions 16.00 x 96.00
Property Description
Versatile Investment Property in Southwest Philadelphia! Located in a highly desirable rental area and situated only steps from public transportation and restaurants, this commercial mixed-use (zoned CMX-2) property offers a unique opportunity for new vision and possibilities. Currently zoned to accommodate retail/services on the 1st level and residential rentals on the 2nd and 3rd floors, the property allows for the potential of multiple streams of residual income. For those seeking strictly residential rentals, the building may be converted into a duplex or triplex. Sellers already have a drawing plan for the buyers. Tenants will be mere minutes away from Le Mandingue African Restaurant, Susanna African Kitchen, Super China Noodle and Duck House, African Small Pot, M&T Bank, grocery stores, Dollar General, Light rail stations, bus stops, transit stations, Rite-Aid, McCreesh Playground and Skatepark, and Lovely Nails. As a bonus, Downtown Philadelphia is a quick 8-miles trip and Philadelphia International Airport is 4.2-miles away. Whether maintaining the current mixed-use zoning or altering the property to a duplex/triplex, this property makes an excellent addition to an investment portfolio. Call now to schedule your private and exclusive tour!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 401341101
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 Carmella Vassor-Johnson • Realty Mark Associates - KOP
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Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States