Philadelphia, PA 19107,256 S 11TH ST
Philadelphia, PA 19107,256 S 11TH ST
Philadelphia, PA 19107,256 S 11TH ST
$880,000
Est. payment /mo
$950,000
7.4%
Est.Price: ?

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2,694 SqFt
SOLD DATE : 07/02/2019

Key Details

Sold Price $880,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,694 sqft

Price per Sqft $326

Subdivision Washington Sq West

MLS Listing ID PAPH786744

Sold Date 07/02/19

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,560

Tax Year 2019

Lot Size 1,025 Sqft

Acres 0.02

Lot Dimensions 16.66 x 61.50

Property Description

Incredible opportunity to purchase a blue chip investment multi-unit property in the heart of Jefferson Hospital Campus and Washington Square West! This mixed use property is zoned CMX1 and offers tremendous upside and value add through cosmetic updating and increasing the drastically low rents. The first floor is a commercial unit that was recently vacated and is waiting for you to update and bring in a fantastic new commercial tenant. The 2nd floor is a 1 bed/1 bath with hardwood flooring, all electric appliances, including washer/dryer in-unit. Unit 2 is rented at only $1250/mo with the current tenant leaving at the end of May. Unit 3 is a bi-level 1 bed/1.5 bath apartment with hardwood flooring, all electric appliances including washer and dryer. It is currently rented at only $1,050/mo and is on a month-to-month basis. This property is in the middle of it all! Don't miss out on the opportunity to update this property and increase both rents and value! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Private Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871063400

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael R. McCann • KW Philly
Bought with Carrie S Waterman • Compass RE

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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