$1,200,000
$1,980,000
39.4%For more information regarding the value of a property, please contact us for a free consultation.
784 SqFt
SOLD DATE : 08/13/2021
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $1,530
Subdivision Brewerytown
MLS Listing ID PAPH978440
Sold Date 08/13/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,008
Tax Year 2021
Lot Size 711 Sqft
Acres 0.02
Lot Dimensions 13.87 x 51.25
Property Description
A prime opportunity to own multiple properties in the Strawberry Mansion, Brewerytown and Temple University Areas of North Philadelphia. This package includes 21 units/16 properties with 14 currently leased and 7 vacant. The neighborhoods surrounding the majority of the properties are currently in high development and property values are increasing. Current owners are retiring and no longer interested in keeping their Real Estate business. Rather than sell one by one, they have decided to sell the entire package. All leases are current. These properties are within the Philadelphia Opportunity Zone giving tax advantages to investors and creating a high volume of development in the area. This program has created major changes in the communities affected. We are posting this offer with the intention of keeping open until January 26 at 5pm for final offers to be accepted. All offers must be written as full offers and not letters of intent or verbal offers. Virtual Showings will be arranged on January 19th or 20th. Leases are on file with our office. Income projections are available upon request as well as photos. This package includes the following MLS listings PAPH978238, PAPH978242, PAPH978254, PAPH978264, PAPH978390, PAPH978398, PAPH978402, PAPH978404, PAPH978410, PAPH978412, PAPH978420, PAPH978424, PAPH978430, PAPH978436, PAPH978440, PAPH978446, PAPH978402.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available, Sewer Available, Phone Available, Water Available
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 292031700
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Eli Qarkaxhia • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "