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2831 N HUTCHINSON ST Philadelphia, PA 19133
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Key Details
Sold Price $275,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 15,200 sqft
Price per Sqft $18
MLS Listing ID PAPH946384
Sold Date 12/23/20
HOA Y/N N
Year Built 1910
Annual Tax Amount $7,709
Tax Year 2020
Lot Size 0.343 Acres
Acres 0.34
Lot Dimensions 78.77 x 189.52
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
Fabulous Opportunity! Located only 2 blocks from Lehigh Ave, 1 block from Germantown Ave, this four story institutional facility is currently being used as a boarding house. Almost 15,000 sq ft of internal space. Currently used as a single institutional tenant running city program. 2nd and 3rd floor has 5 large rooms, and 4th floor has 4 large rooms. Each floor has a spacious shared bathroom. 1st floor currently is set up as office, kitchen, dining, and lounge area. Potentially at least 3 more rooms can be set up on the 1st floor. Prime opportunity for an investor with vision. With Temple's expansion and the city's capital infusion into this area, the potential is limitless. The institution tenant just moved out on 11/1/2020. The property is sold as-is, where-is. Seller will not make any repairs. Buyer is responsible for the U&O, and verifying the intended use of this property.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Oil
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 881017905
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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