Property Attributes
- MLS#PAPH2297024
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19143
- Zip19143
- Style
- Year Built1925
- Taxes$ 7787
- Price$ 1,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8,712 SqFt
Data Source:
Bright MLS
Property Description
Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
Price History | |
---|---|
11/13/2023 | Listed $1,900,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Other |
Cooling | Other |
Utilities | Natural Gas Available,Electric Available |
Possession | 0-30 Days CD,31-60 Days CD |
Zoning | CMX2 |
Pool Y/N | No Pool |
Architectural Style | Other |
Construction Materials | Masonry |
Exclusions | Tenants personal property |
Year Built | 1925 |
Property SubType | Other |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | Other |
County | PHILADELPHIA |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade |
Status | ACTIVE |
Directions | GPS |
ModificationTimestamp | 2024-02-18T15:37:56 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.5 |
Total Units | 4 |
MLS Area | 19143 (19143) |
Lot Size Square Feet | 8750.00 |
Tax Assessed Value | 556300.0 |
Waterfront Y/N | No |
Street Name | CHESTER |
Tax Annual Amount | 7787.0 |
Structure Type | Other |
Price Per Sq Ft | 296.41 |
Acceptable Financing | Cash,Conventional,FHA |
Vacation Rental Y/N | No |
Total SQFT | 6410 |
Days on Market | 170 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 166 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas,Electric |
---|---|
Hot Water | Natural Gas |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | No |
LivingAreaSource | Estimated |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | Parking Lot |
Land Use Code | AA0 |
Water View Y/N | No |
Lot Dimensions | 70.00 x 125.00 |
Lot Size Acres | 0.20 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 111260.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Estimated |
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