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 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-area new development-revenue based on Section 8 rent schedule-CMX2 zoning designation
| MLS # | PAPH2581322 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 233 |
| Listing Provided By | KW Empower | Richard K Cassell |
| SQ Feet | 8,600 |
|---|---|
| Units | 2 |
| Zoning | CMX2 |
| Acreage | 0.07 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 16260 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19123 |
| Area | 19123 (19123) |
| Community Name | NORTHERN LIBERTIES |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTHERN LIBERTIES) | |
Price: $1,400,000 low | high Med: $2,750 sqft: 8,600 low | high Med: 1,004 $ / sqft: $163 low | high Med: $3 On site: 233 low | high Med: 38 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19123 |
| Area | 19123 (19123) |
| Community Name | NORTHERN LIBERTIES |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTHERN LIBERTIES) | |
Price: $1,400,000 low | high Med: $2,750 sqft: 8,600 low | high Med: 1,004 $ / sqft: $163 low | high Med: $3 On site: 233 low | high Med: 38 | |