Bought with Tina M DeJesse • BHHS Fox & Roach-Center City Walnut
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1625 E PASSYUNK AVE Philadelphia, PA 19148
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Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $345
MLS Listing ID PAPH784578
Sold Date 07/31/19
HOA Y/N N
Year Built 1915
Annual Tax Amount $4,937
Tax Year 2020
Lot Size 960 Sqft
Acres 0.02
Lot Dimensions 16.00 x 60.00
Property Sub-Type Other
Source BRIGHT
Property Description
Phenomenal opportunity to own a Commercial Mixed-Use building on East Passyunk Avenue, recently name one of the "Top Foodie Streets in America" by Food and Wine Magazine. The building itself has 2 legal units, 1 commercial and 1 residential and is zoned CMX-2. The groundfloor was once occupied by a long-standing tenant, recently vacant and refreshed, now ready for it's next occupant! Upstairs is a bi-level unit with 2 kitchens and2 full bathrooms. The character of this building was very well maintained. Original wide-plank hardwood flooring is throughout the residential units as well as refinished staircases, trim and interior doors. Central air is throughout the building as well as gas appliances. There is potential for a roof deck off of the 3rd floor unit. There are many possibilities with this amazing building. You can create your pied-a-terre above the commercial unit and use their rental income to offset your mortgage and have a beautiful pad in the heart of Passyunk Square. Purchase the building envisioning your own business or purchase the building to gain an asset that will cash flow in one Philadelphia's desirable neighborhoods.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX2.
Interior
Hot Water Natural Gas
Heating Radiant
Cooling Central A/C
Flooring Hardwood, Ceramic Tile
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871558510
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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