$610,000
$650,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
5,058 SqFt
SOLD DATE : 07/20/2023
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,058 sqft
Price per Sqft $120
Subdivision Port Richmond
MLS Listing ID PAPH2214496
Sold Date 07/20/23
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $3,759
Tax Year 2023
Lot Size 2,984 Sqft
Acres 0.07
Lot Dimensions 17.00 x 65.00
Property Description
Welcome to 2650-52 E Somerset, a great opportunity to own two properties spanning 5,500 SF in the heart of Port Richmond! Currently configured as one mixed-use property with restaurant below and office/living space above, however, the property can be reconfigured to suit any investor's vision. Both properties are breached on both floors. There is one legal rental unit above with the potential for two more units. The property will be delivered fully vacant at settlement, giving you the opportunity to make it your own. All equipment at the property is negotiable with sale. This is a rare opportunity to own a double-wide, street-to-street, corner property in a prime location with cash flow potential. Please reach out to listing agent with any questions or to schedule a showing.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 251008800
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Lily L Wu • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "