$1,600,000
$1,885,000
15.1%For more information regarding the value of a property, please contact us for a free consultation.
2,688 SqFt
SOLD DATE : 05/25/2023
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $595
Subdivision Queen Village
MLS Listing ID PAPH2094690
Sold Date 05/25/23
Originating Board BRIGHT
Year Built 1906
Annual Tax Amount $6,339
Tax Year 2023
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
This beautiful corner CMX building (5 units - 4 residential & 1 restaurant) in QUEEN VILLAGE is perfect for those investors looking for a 1031 exchange! 1st fl is a restaurant which is being renovated and will be a nice breakfast place soon.....(4) apartments have a separate entrances on Monroe St. This corner building stands very attractive with the beautiful brick exterior and it is well maintained, in one of the BEST neighborhood in the city! It also has a one-car PARKING on site, which could be used by the owner or rented out (It is currently rented to one of the tenants). The top floor is a gorgeous and spacious 2BD/1BA, sun-filled unit. The 2nd floor offers (2x) studios. The 1R apartment has another separate entrance and it is rented with a parking space. ALL units are fully leased. This property brings great income. Separate gas and electric meters. The 1st floor commercial space has a full kitchen roughly 700 Sq.Ft. in the basement. The kitchen exhaust hood that runs straight to the roof. This great income producing property will make your portfolio even greater! PERFECT TURNKEY investment property property.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX1
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Utilities Available Natural Gas Available
Waterfront N
Water Access N
View City
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools William M. Meredith School
High Schools Horace Furness
School District The School District Of Philadelphia
Others
Tax ID 871044800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Joint Venture, Conventional
Listing Terms Cash, Private, Joint Venture, Conventional
Financing Cash,Private,Joint Venture,Conventional
Special Listing Condition Standard
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Bought with Madoka Nishimura • Realty Mark Associates-CC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "