$660,000
$729,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
908 N 2ND ST Philadelphia, PA 19123
2,664 SqFt
Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,664 sqft
Price per Sqft $247
Subdivision Northern Liberties
MLS Listing ID 1003632571
Sold Date 01/18/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,664
Originating Board TREND
Year Built 1936
Annual Tax Amount $4,549
Tax Year 2016
Lot Size 2,600 Sqft
Acres 0.03
Lot Dimensions 15X82
Property Description
Location, Location, the BEST LOCATION in Northern Liberties, directly across the street from the North Bowl and Standard Tap, this quadraplex with additional potential commercial usage is now available! Currently zoned mixed use, with a crurent Rent Roll of over $52,000 yearly income, this unique building also has the potential to add storefront commercial usage. Currently, there is one two story two bedroom, two one bedrooms and one efficiency. These 4 units have NEVER been without tenants. All units have separate utilities, central AC, and separate Hot Water Heaters. The lobby is currently used as a large entrance way with a coin-operated washer and dryer and bike storage area. This lobby could easily be converted into a street front commercial business, or add to it the hugh basement that spans the entire length of the building to make it a two story commercial endeavor. Owner could live in the 2 bedroom unit which has an upgraded kitchen with Granite counter tops and Stainless Steel appliances, and can very easily pay the mortgage with the remaining rents. Incredible opportunity for the business entrepreneur or the investor to just sit back and collect a fabulous rent roll that is at least 20% undervalued, add or start a commercial business, and watch 908 N. 2nd Street APPRECIATE IN VALUE! A MUST SEE FOR ALL INVESTORS!!!
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX25
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Central A/C
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 057053900
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Richard Q Li • Liberty Real Estate