$215,000
$224,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
1,950 SqFt
SOLD DATE : 09/13/2019
Key Details
Sold Price $215,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $110
Subdivision Bridesburg
MLS Listing ID PAPH105512
Sold Date 09/13/19
HOA Y/N N
Originating Board TREND
Annual Tax Amount $1,859
Tax Year 2018
Lot Size 1,554 Sqft
Acres 0.04
Lot Dimensions 20X78
Property Description
Great opportunity to own an Incredibly Large Mixed-Use property near the populated corners of Richmond and Orthodox Streets. This unique 20' wide storefront is equipped with a kitchen and full bathroom. There is an over-sized 2 bedroom den, large back patio and 1 bath apartment on the second floor, including a washer and dryer. This property is zoned as mixed-use commercial, presenting the option to both live and work in this building. CMX-2 zoning accommodates a variety of residential and commercial services, such as business & professional offices, art exhibits/studios, retail, daycare and several other options. The first floor space can be converted in any way permissible. The more than 7 feet tall spacious basement (nearly 1000 sf) can be utilized for storage or a workshop area. Carpentry equipment is negotiable. Enter the 2nd floor unit through the large back patio. The first floor room can serve as more space to the first floor unit or as additional living space for the 2nd floor. The upstairs space offers an open living concept with the dining and kitchen area centrally located. There are 2 bedrooms on each side of the building, providing privacy to each room. There is a hall bathroom and several closets located throughout. Wood floors are underneath the carpet. The potential rent of $2,400+ a month and cap rate of 9% makes a wonderful opportunity for the right entrepreneur. Great Investments are about location and timing. This property offers both. Bridesburg Park is soon to be built on the Delaware River, which will eventually connect to the Port Richmond Trail. It is conveniently located near Rite Aid, Wawa, various restaurants and public transportation.***BRAND NEW ROOF INSTALLED IN DECEMBER OF 2018. COMES WITH A 12 YEAR WARRANTY.*** The property is vacant. The basement will be cleared of debris. Take advantage of this great opportunity before it is gone!!! FHA, Commercial, Cash or Private Financing only. Please let me know if you need help with financing - Chris Branin 609-610-4301 / PROPERTY BEING SOLD AS IS
Location
State PA
County Philadelphia
Area 19137 (19137)
Zoning CMX2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Flooring Tile/Brick, Wood, Carpet, Laminated
Fireplace N
Heat Source Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Building Description Other, Ceiling Fans,Fencing,Refrigerator(s)
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Additional Building Above Grade
Structure Type Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871571880
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, Private
Listing Terms Conventional, Cash, Private
Financing Conventional,Cash,Private
Special Listing Condition Standard
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Bought with Scott M Hamilton • BHHS Prime Real Estate