Philadelphia, PA 19123,630 N 2ND ST
Philadelphia, PA 19123,630 N 2ND ST
Philadelphia, PA 19123,630 N 2ND ST
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$1,000,000

$1,150,000

13.0%
Est.Price: ?

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Est. payment /mo

3,200 SqFt


SOLD DATE : 10/31/2023

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $312

Subdivision Northern Liberties

MLS Listing ID PAPH2265784

Sold Date 10/31/23

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,733

Tax Year 2023

Lot Size 1,494 Sqft

Acres 0.03

Lot Dimensions 20.00 x 75.00

Property Description

630 N. 2nd Street is a mixed-use property on the main neighborhood commercial corridor in Northern Liberties. The property includes exposed brick where possible, central air and in-unit washer / dryer. It has one 2 bed / 1 bath unit, one bi-level 2 bed / 1.5 bath with a private deck, and one commercial cafe space that has long been leased by a neighborhood favorite, Soy Cafe. The cafe just renewed their lease and is settled in for another 5 years. Meanwhile, explosive growth is happening all around the property with over 4,000 residential units under construction within a few blocks. The rental trajectory of this building is very strong with its fantastic location, charm and well-sized units. With some upgrades to kitchens and baths, there is ample room to increase the current rents.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX25

Interior

Hot Water Natural Gas

Heating 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 Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871509400

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc
Bought with Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc
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