5,610 SqFt
5,610 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,610 sqft
Price per Sqft $267
Subdivision Society Hill
MLS Listing ID PAPH2460716
Originating Board BRIGHT
Year Built 1859
Available Date 2025-04-05
Annual Tax Amount $13,998
Tax Year 2025
Lot Size 1,995 Sqft
Acres 0.05
Lot Dimensions 21.00 x 95.00
Property Sub-Type Five Or More Units
Property Description
The building is currently grossing $6,008/month from the occupied units. Once the two vacant units are occupied the income potential can reach $8,758/month. The tenants pay all utilities other than water, the seller covers the water.
Each unit is fabulously maintained with hardwood floors throughout, well appointed kitchens with marble counter tops, historically tiled bathrooms, and ceiling fans in the living room and bedrooms for comfort and convenience. Each unit is heated by electric baseboard heating and has window units for cooling. Tenants also have access to on-site laundry which is located in the basement. Unit 3A has their own in unit laundry. Also in the basement is even more storage space which for the tenants to put their bikes and other items.
Nestled in one of Philadelphia's most historic and picturesque neighborhoods, Society Hill is celebrated for its quaint brick sidewalks, charming cobblestone alleys, and beautifully preserved architecture, offering a timeless appeal that attracts residents and investors alike. The property is also located just steps away from an Acme and CVS, there are bus stops on each corner adjacent to the property, and tons of amenities the neighbor hood has to offer. Not to mention the property is a short walk away from the Delaware River for those who love to be near water!
With an impressive Walk Score of 94, daily errands are a breeze—no car needed!
Boasting a Transit Score of 94, this area offers top-tier public transportation, making commuting super easy.
Cyclists will love the Bike Score of 85, highlighting excellent biking infrastructure.
A variety of dining options are just around the corner, including Fat Tuesday, Malbec Argentine Steakhouse, and Reef Restaurant & Lounge, among many others.
Families have access to well-rated schools such as General George A. McCall School, Benjamin Franklin High School, and William M. Meredith School.
For grocery shopping, nearby options include ACME Markets, Sue's Market, and South Street Market II.
Outdoor lovers will appreciate nearby green spaces like Three Bears Park, Thaddeus Kosciuszko National Memorial, and Magnolia Garden.
This income-producing property is a prime opportunity in one of the city's most sought-after neighborhoods. Don't miss out and schedule your visit today!
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Wall Unit
Flooring Wood, Tile/Brick, Carpet
Inclusions Refrigerator, Oven/Range-Gas, Dishwasher, Range Hood, Built-In Microwave
Heat Source Electric
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881500600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/c3554620-2f13-4bd4-9ba9-53b04a2be594
rakan.a@firststatehometeam.com
1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States