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Listed by Rich Cassell • KW Empower
$1,975,000
Est. payment /mo
2,916 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Northern Liberties
MLS Listing ID PAPH2581310
Year Built 1915
Annual Tax Amount $16,260
Tax Year 2025
Lot Size 2,916 Sqft
Acres 0.07
Lot Dimensions 36.00 x 81.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Presenting a rare opportunity to acquire a corner, 13-unit mixed-use value-add building in highly sought-after Northern Liberties. Surrounded by new development, this expansive double-wide property is already 85% complete and positioned to achieve Group 4 rents under the Section 8 schedule. Priced below market with significant potential for additional upside, this asset offers an exceptional investment play in one of the area's most desirable neighborhoods.
-1 building & 1 townhouse
-13 units mix of studios to 3 bedrooms
-commercial space on Girard Ave
-value add 85% completed
-area new development
-revenue based on Section 8 rent schedule
-CMX2 zoning designation
-1 building & 1 townhouse
-13 units mix of studios to 3 bedrooms
-commercial space on Girard Ave
-value add 85% completed
-area new development
-revenue based on Section 8 rent schedule
-CMX2 zoning designation
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881006940
Ownership Fee Simple
Special Listing Condition Standard
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