Philadelphia, PA 19132,2437 W ELKHART ST

$1,200,000

$1,980,000

39.4%
Est.Price: ?

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Est. payment /mo

1,024 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 1,024 sqft

Price per Sqft $1,171

Subdivision Brewerytown

MLS Listing ID PAPH978238

Sold Date 08/13/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $606

Tax Year 2021

Lot Size 784 Sqft

Acres 0.02

Lot Dimensions 16.00 x 49.00

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 19132 (19132)

Zoning RSA5

Interior

Hot Water Electric

Heating Hot Water, Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Sewer 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 381311900

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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Bright MLS (BMLS)
Listed by Patricia C Smith • TJ McCarthy Associates, Inc.
Bought with Eli Qarkaxhia • Compass RE
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 223-7234

briahna.savage@exprealty.com

777 Westchester Ave, West Harrison, NY, 10604, USA

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