$275,000
$289,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1706 N 5TH ST Philadelphia, PA 19122
1,600 Sqft Lot
Key Details
Sold Price $275,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Olde Kensington
MLS Listing ID 1002437884
Sold Date 11/30/16
HOA Y/N N
Originating Board TREND
Year Built 1916
Annual Tax Amount $2,206
Tax Year 2016
Lot Size 1,600 Sqft
Acres 0.04
Lot Dimensions 16X100
Property Description
Here's your opportunity to own a rarely offered commercial property located in HOT Old Kensington, Philly's hottest zip code. This area is continuing to grow and be developed at a rapid pace. Property is nestled between the Lamp Factory Apartments and the Factory Lofts and is setup as a deli/restaurant with a 2 BR apartment featuring 2 floors and an attic that can be used as a 3rd bedroom or storage, the apartment is ready to be rented for immediate income, previously rented at $1200/mo! All utilities are separate. This property offers tons of potential as the lot runs street to street, perfect for a a new restaurant with outdoor ambiance. Several successful business ventures have taken off in this area, here's your opportunity to bring your imagination and start your own as this area continues to explode with new development and high income opportunities. Stay tuned for More pics of the Restaurant, kitchen, and large rear outdoor courtyard... Agent's License# RS294702, Broker's License# RB065551
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning I2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Fireplace N
Exterior
Water Access N
Roof Type Flat
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871524780
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Ashley E Widger • Keller Williams Philadelphia