Investor or Developer. Lot size 10,240 sqft. Great opportunity to acquire a significant parcel in a sought after area for both residential and commercial uses in Philadelphia. RSA5 zoning. Huge 19298 sqft building, goes from street to street. Property is situated in a energized, gentrifying neighborhood. Surrounded by new developments. Just blocks away from entertainment and public transportation to Center City. The existing building provides the ability to hold & market as rental space which has a large center courtyard. Several of the units are made up with apartment floor plans, spacious artist studios and several undeveloped spaces being rented as garages and are very well ventilated and secure. This is a multi-use, it has apartments, artist spaces and oversized garages. Rent gross approximately $105,000 per year. (4) 1 br apartments, (1) 2br apartment, (6) artist studios, (3) separate spacious garages totaling 6000 sqft. Or demo to take advantage of the full lot size and maximize profits. This site borders Fishtown, East Kensington and Port Richmond Philadelphia. Steps away from both Kensington Avenue and Aramingo Avenue one of the primary commercial corridors serving the surrounding areas.
Gas Water Heater, Electric Water Heater, Public Wa
19,298 sq. ft
Natural Gas, Electric service available
- Window Air Conditioning, Electric, Ceiling Fan(s)
- Gas Heat, Electric Heating. Radiators, Forced Air.
- Guest Facilities
Exterior / Lot Features
- Lot Dimensions
- Additional Exterior/Lot Features
- Urban, US Highway.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Sperling's Best Places
Median List Price $259,900
Median Sold Price $212,000
Days On Site 90
Sales-List Price 97.0%
SOURCE: Bright MLS