$580,000
$614,900
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2,882 SqFt
SOLD DATE : 10/10/2023
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,882 sqft
Price per Sqft $201
Subdivision Manayunk
MLS Listing ID PAPH2274420
Sold Date 10/10/23
Style Colonial
Abv Grd Liv Area 2,882
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,820
Tax Year 2022
Lot Size 1,715 Sqft
Acres 0.04
Lot Dimensions 17.00 x 100.00
Property Description
Magnificent mixed use opportunity on Main Street in Manayunk! This property currently consists of a large retail space on the first floor, with a 3 bedroom, 2 bath apartment on the second and third floors, that needs finishing. This property is located in the heart of Manayunk with a phenomenal location and features large storefront display windows. Completely renovated in 2019 to 2020, the first floor features new electrical, new plumbing with half bath, new walls, luxury vinyl plank flooring, heating and cooling. It was divided up to provide a large retail space, with plenty of storage and even an office area in the rear of the property. The office area has access to the fenced-in rear yard and the seperate entrance to the apartment. Speaking of apartment, this also has been completely renovated with new electric throughout, new plumbing for two full baths, new walls, new windows and exterior capping, and new economical heat and air. Featuring one bedroom and one bathroom on the second floor, there is also a full, spacious kitchen, including cabinets that need to be hung, as well as a huge living room overlooking Main Street. Heading to the 3rd floor, there are two more bedrooms that share a hall bathroom that has been roughed in, as well as a laundry area in the hallway. With some paint, flooring and fixtures, this apartment can be bringing in a very good rent being brand new. (Using an FHA203k program would finance these finishes into the mortgage) Couple that with the large rentable retail space, or any other use under the CMX25 zoning, and this property is a homerun! Ever want to live above your business? No need to sacrifice living space here! Looking to add to your investment portfolio? With all seperate utilities, and all new interior, you can collect premium rents while having the piece of mind that everything is new for years of maintenance free income. Either way you stack it, this property is a must have. They don't come around like this often, so dont delay, make your appointment today!
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX25
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Forced Air, Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871274200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA 203(k), FHA 203(b)
Listing Terms FHA 203(k), FHA 203(b)
Financing FHA 203(k),FHA 203(b)
Special Listing Condition Standard
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Bought with Nicole Ana Nolting • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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