$179,500
$215,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
3,480 SqFt
SOLD DATE : 08/27/2024
Key Details
Sold Price $179,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $51
Subdivision Logan
MLS Listing ID PAPH2324236
Sold Date 08/27/24
Style Straight Thru
Abv Grd Liv Area 3,480
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,063
Tax Year 2023
Lot Size 2,064 Sqft
Acres 0.05
Lot Dimensions 20.00 x 103.00
Property Description
This commercial/mixed-use property on Broad Street in the Logan area of Philadelphia is a rare opportunity for ownership. Zoned as CMX2.5, it offers tremendous potential for both owner-occupants and investors looking to rent out all units. With easy access to public transportation, major highways, hospitals, schools, and Center City, this property is perfectly situated.
The property features a first-floor office space with a connected unfinished basement and three apartments, each with its own private entrance. The first-floor apartment is a spacious studio with an oversized living area, full-sized dining room, kitchen spaces, and private access to a large fenced backyard. The first-floor office space includes a waiting area, access to an unfinished basement and private bathroom which is located in the basement. Previously operated as a dental office and later a notary office, this versatile space has unlimited possibilities.
On the second and third levels are two-bedroom, one-bath apartments with spacious kitchen and dining areas. These apartments offer an ideal living arrangement for renters seeking ample space in a vibrant neighborhood.
Throughout the property, the beautiful original hardwood floors have been well-maintained over the years. While some refurbishment and updates may be necessary, this property presents an exceptional investment opportunity in an increasingly sought-after location. Don't miss out on this hidden gem!
This great investment opportunity is being sold as-is where-is. The seller will not make any repairs, allowing the buyer to take full control of renovations and updates. With a total market value estimated at around $4,100+ per month in rental income, this property has incredible potential. Don't miss out on this rare chance to own such an amazing property.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning CMX25
Rooms
Basement Front Entrance, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Oil
Exterior
Utilities Available Natural Gas Available, Other
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 132014300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
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