Bought with Mikhal Mary • Keller Williams Philly
$640,000
$650,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1,350 SqFt
SOLD DATE : 04/04/2022
Key Details
Sold Price $640,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $474
Subdivision Rittenhouse Square
MLS Listing ID PAPH2082742
Sold Date 04/04/22
Year Built 1800
Available Date 2022-02-14
Annual Tax Amount $3,943
Tax Year 2022
Lot Size 387 Sqft
Acres 0.01
Lot Dimensions 21.5 x 18
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Just renovated, historic Mixed-use duplex at the corner of 17th & Pine. Perfect for an investor, an owner occupied live-work space, or an owner-occupied investment. High-end, historic renovation with tons of light. Both units have a private entrance. The first floor is currently an ideal office space with finished lower level. The 2nd floor is a bi-level 2 bedroom residence that would be a stunning AirBnB, or standard rental, or for an owner occupant. Notes: Gross Rental Income is $45,600/year. Office is $1,800 (current tenant will stay or leave); Residence currently $2,000 (exp. 3/31/22; owner will leave vacant to retain options for new owner). CMX1 Zoning. Lot size is 21.5 x 18 (public records not correct). Property is 1,350 including finished lower level. Residence is 700, commercial is 350 + 300 lower level. FULL 10-YEAR TAX ABATMENT PENDING.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air, Zoned
Cooling Central A/C, Zoned
Flooring Wood
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Greenfield Albert
Middle Schools Greenfield Albert
School District The School District Of Philadelphia
Others
Tax ID 871513820
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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