$1,250,000 Not Disclosed Old City

MLS: 1001960236   Type: Commercial   County: Philadelphia   City: Philadelphia   Area: 19106   Neighborhood: Old City   Zip: 19106   Style: Apartment Building     Taxes: $6,799

Mortgage $5,869 /mo



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One of the last original brownstones in Old City - an investor dream!Prime location at the intersection of Old City and Society Hill! Four-floor brownstone currently hosting a popular Deli business at the ground level. The three apartments at the upper levels need Full Renovation. Once renovated, each apartment will bring a revenue of at least 2000/mo. It is your choice to keep the successful Deli business as presently running, or change it to a different new business. You may lease out the commercial space for 5000/mo. Old City is arguably one of the most popular and sought after residential and commercial neighborhoods in Philadelphia and it is the most visited square mile in the US.

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Price History

6/29/2018 Listed $1,500,000
10/24/2018 4% - $1,450,000
3/20/2019 11% - $1,300,000
3/25/2019 4% - $1,250,000

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Apartment Building
Cool Fuel Electric
MLS Area 19106 (19106)
New Construction N
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 401.93
Property SubType Retail
Property Type Commercial Sale
Tax Year 2018
Vacation Rental Y/N N
Zoning CMX3

Interior Features

Central Air Y/N Y
Cooling Central A/C
Flooring Tile/Brick, Heavy Duty
Heating 90% Forced Air
Heating Fuel Natural Gas
Heating Y/N Y
Hot Water Natural Gas

Exterior Features

Building Area Total 3110.00
Construction Materials Brick
Exterior Amenities Public Transport Nearby
Foundation Details Concrete Perimeter
Inclusions The active Deli business
Lot Dimensions 17X51
Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 845.00
Navigable Water Y/N N
Roof Flat
Sewer Public Sewer
Type of Parking None
Water Access Y/N N
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (19106)

Price 1.25M Avg 330K

Sqr Feet 3,110 Avg 14,257

Cost / Sqr Ft $402 Avg $23

Taxes $6,799 Avg $1,852

Acres 0.02 Avg 0.1

Visits 175 Avg 35

Walkscore® 97 Avg 98

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: BHHS Fox & Roach-Center City Walnut

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Location & Address

Plumer & Associates, Inc.
226 South Street
Philadelphia, PA