$1,750,000
$1,999,999
12.5%For more information regarding the value of a property, please contact us for a free consultation.
7,191 SqFt
SOLD DATE : 01/30/2023
Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,191 sqft
Price per Sqft $243
Subdivision Art Museum Area
MLS Listing ID PAPH2169542
Sold Date 01/30/23
Originating Board BRIGHT
Year Built 1867
Annual Tax Amount $9,901
Tax Year 2022
Lot Size 3,388 Sqft
Acres 0.08
Property Description
Investor trophy property 4-story, 11 unit Brownstone apartment building that was designed by Frank Furness , in highly sought-after Art Museum Area. All units are separately metered for gas and electricity. The top floor 2 bedroom unit (M) has central air. The basement has 2 dryers and 2 washers that are leased app operated. There are also dedicated storage closets for each unit. The property is vacant and was last fully occupied in April of 2022. The property has an entire new cinder block wall from the basement level all the wall to the top of the building. Part of the basement floor is all new poured concrete. There is a great deal of value add for this building and with the right plan you could truly maximize the space and rents by reconfiguring the units. Recorded video walk-throughs of units are available upon request.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning R10
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881803100
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Maurice D Cornelius • Philadelphia Realty Exchange
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "