This beautiful, rarely offered -use property offers a sizable store front fully occupied by a commercial tenant on the first floor, and tenant occupied two-bedroom apartment on the second floor that was recently upgraded. At almost 2,000 square feet, this gem offers plenty of living space on the second floor, a entrance from the side of the building, and a nice back yard for cook outs. Conveniently located near public transportation, this property is half a mile away from University Medical School. Combined monthly gross rent is $1,482.00 plus all utilities. 1st Floor is leased under the Triple Net Lease Agreement. Owner is selling this great property due to consolidation of his operations with another office in Philadelphia. Private financing is available with substantial down payment and closing costs paid by the purchaser. Total Gross Expenses include RE Taxes, Prop. Insurance, Water, Trash Collection, and Maintenance. Commercial tenant on the 1st floor pays half of taxes, insurance, and water costs. Although the property is in good shape and functioning, the owner would like to sell it as-is. Notice: Owner is a Licensed Real Estate Agent, and is acting for his own account. Price increased as of Jan 30, 2018 due to the new sewer line installation under the walkway.
Multi-familyProperty Type
1940Year Built
1,279 sq ftLot Size
$110Est. Price/Sq.Ft.
Listed by Ilya Zamarin• City Wide Realty Inc
•215-310-6888 (broker)
•info@citywrealty.com (broker)
Bought with Mike Rosania• Keller Williams Philadelphia
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
16 ft.
Lot depth
80 ft.
Lot size
1,279 Sq. Ft.
Year renovated
—
Sq. Ft.
1,920
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Philadelphia County
APN
871567390
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 15, 2019.
CMX-2
/NIS
Neighborhood Commercial Mixed-Use-2 District
The CMX-2, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate active commercial and mixed-use development, including neighborhood-serving retail and service uses. The range of allowed uses is broader than the CMX-1 district
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Industrial
Office
Research & development
May 11, 2021 • Final
Plumbing
Remove and replace the curb trap and fresh air inlet.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Street
On Street
Interior
Interior Information
Entry Location: Private
Flooring Type: Wood, Tile/Brick, Laminated
Interior Features: CeilngFan(s), Store/Office
Room Information
Master Bedroom
Basement Information
Basement: Yes
Partial, Unfinished
Multi Unit Information
# of Two Bedroom Units: 1
Other Units: Unit 1,Unit 2
Gross Income: $17,784
Annual Gross Expense: $4,700
Other Expense: 400.00
Exterior
Property Information
Improvement Assessed Value: $67,280
Insurance Expense: $1,020
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Estimated
Building Information
Construction Materials: Aluminum Siding, Stucco, Brick
Foundation Details: Stone
Other Structures: Above Grade
Roof: Flat
Storage: Basement
Structure Type: Interior Townhouse/Rowhouse
Exterior Information
Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 16X80
Tidal Water: No
Land Information
Land Assessed Value: $16,820
Above Grade Information
Finished Sq.Ft.: 1,920
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $84,100
Tax Year: 2018
Tax Annual Amount: $1,177
Utilities
Utilities Information
Cooling Type: Wall Unit
100 Amp Service
Electric, Baseboard, Radiant
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
Homeowners Association Information
Maintenance Expense: $1,800
School Information
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
Location Information
Cross Street: RISING SUN AVE
Municipality: PHILADELPHIA
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,920
Stories: 2.0
Lot Size: 1,279 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: —
County: Philadelphia County
APN: 871567390
Home facts updated by county records on Aug 14, 2019
Around this home
Schools
Taylor Bayard School
Public K-5 • Assigned • 0.2mi
3/10
Clemente Roberto Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Edison Hs/Fareira Skills
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Philadelphia, PA • 19140
Average low and high temperatures (°F)
37
24
41
27
59
39
68
47
74
56
84
66
89
72
83
65
80
63
70
50
57
41
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$200,000 – $242,000
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