$499,000 12 S Letitia Street # 103 Old City

MLS: PAPH807010   Type: Commercial   County: Philadelphia   City: Philadelphia   Area: 19106   Neighborhood: Old City   Zip: 19106   Style: Bed and Breakfast,,/General Retail,Flex     Taxes: $3,751

Mortgage $2,343 /mo



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2 commercial condos available for sale, separate or as a package, in popular Old City! Unit #103 and #102 are both commercial condos in the Blackhorse Condominium building, each offered for sale for $529,000, or together for $1,058,000. Currently leased as AirBnBs. Typically occupied 50% of the time, getting an average of $350/night bringing a return of 8% on investment! These are commercially zoned and can be used for professional space, light retail, and many other commercial uses allowed by CMX3 zoning. The common areas of the building have just been redone, creating an elegant entrance to the building. The brand new common area roof deck is finished and ready for you to enjoy the summer nights on! If you are looking to immerse yourself in city living this is the ULTIMATE location just steps from the El, popular restaurants like world renowned Zahav, and summertime fun spot Spruce Street Harbor Park. A Walk Score of 99, this location can't be beat!

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Price History

6/13/2019 Listed $529,000
7/19/2019 6% - $499,000

Accessibility None
Business Type Bed and Breakfast, Other, Other/General Retail, Flex
Cool Fuel Electric
MLS Area 19106 (19106)
New Construction N
Ownership Condominium
Possession Negotiable
Price Per Sq Ft 379.18
Property SubType Mixed Use
Property Type Commercial Sale
Tax Year 2019
Total Units 1
Unit Number 103
Vacation Rental Y/N N
Zoning CMX3

Interior Features

Central Air Y/N Y
Cooling Central A/C
Heating Forced Air
Heating Fuel Electric
Heating Y/N Y
Hot Water Electric
Total Restrooms 1

Exterior Features

Building Area Total 1316.00
Construction Materials Brick
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.00
Lot Size Square Feet 0.00
Navigable Water Y/N N
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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Gallery (33 photos)

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Property vs Zip Code Avg (19106)

Price 499K Avg 943K

Sqr Feet 1,316 Avg 11,189

Cost / Sqr Ft $379 Avg $84

Taxes $3,751 Avg $16,929

Visits 6 Avg 32

Days on Site 103 Avg 221

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