Price Reduction
Address
260 S 18Th Street, Philadelphia, PA
Price
$ 1,750,000
Property Attributes
- MLS#PAPH2290532
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19103
- NeighborhoodRittenhouse Square
- Zip19103
- Style
- Year Built1800
- Taxes$ 17026
- Price$ 1,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Generational opportunity to acquire a boutiquecommercial building located one-half block fromPhiladelphia's most desirable address and meeting place, Rittenhouse Square. Currently vacant; previously owner-occupied for decades as a gallery with showrooms on the first and second floors, and storage on the third and fourth floors. Zoned CMX2 with 25' of frontage, the property is an ideal investment for either a commercial end-user to occupy the entire building, or a developer who wants to convert the top three floors with 10'-12' ceilings to residential while maintainingthe valuable ground floor as retail. Capitalize on the tremendousfoot traffic at this intersection generated by Starbucks and Rittenhouse Market, in addition to the city's best shops and restaurantslining 18th St. Do not miss the chance to create your own vision at this spectacular location as the opportunity will only come around once ina lifetime!
| Price History | |
|---|---|
| 10/23/2023 | Listed $1,975,000 |
| 4/22/2024 | 12% - $1,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Possession | Negotiable |
| Zoning | CMX2 |
| Pool Y/N | No Pool |
| Architectural Style | Other |
| Construction Materials | Brick |
| Year Built | 1800 |
| Property SubType | Other |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Other |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | RITTENHOUSE SQUARE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-04-21T19:53:59 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Total Units | 4 |
| MLS Area | 19103 (19103) |
| Lot Size Square Feet | 1500.00 |
| Tax Assessed Value | 1216300.0 |
| Waterfront Y/N | No |
| Street Name | 18TH |
| Tax Annual Amount | 17026.0 |
| Structure Type | Other |
| Price Per Sq Ft | 333.97 |
| Vacation Rental Y/N | No |
| Total SQFT | 5240 |
| Days on Market | 182 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 29 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | None |
| Land Use Code | BD0 |
| Water View Y/N | No |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 243263.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19103
Price
Taxes
Visits
Year Built
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