Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
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$1,400,000

$1,500,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,555 SqFt


SOLD DATE : 04/10/2024

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 5,555 sqft

Price per Sqft $252

Subdivision Fairmount

MLS Listing ID PAPH2232828

Sold Date 04/10/24

Style Other

Abv Grd Liv Area 5,555

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $15,487

Tax Year 2023

Lot Size 2,256 Sqft

Acres 0.05

Lot Dimensions 22.00 x 102.00

Property Description

Phenomenal opportunity to own a neighborhood landmark in one of Philly's best locations. Investors or owner operators alike will recognize the rare chance to take possession of a building that represents a generational asset. The ground floor bar restaurant was gut renovated from the basement up to the main floor about 16 years ago and is virtually turnkey. It offers a full kitchen, sit down and bar service, outdoor seating and small bandstand. It is currently vacant with a square footage of 3074 sf (including the full basement). . The buyer will be responsible for purchasing their own liquor license. The four 1 bedroom apartments are rarely vacant so contribute a reliable and predictable income stream to the investment or the owner/operator of the bar restaurant. The current owner offers 2 free laundry rooms to the residential tenants so additional revenue is possible if a new owner chooses to install coin operated units. There is also substantial upside with the residential rents. With cosmetic improvements to the apartments the rents could go as high as $1900 a month. Make your appointment today. You will not be disappointed.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Ramp - Main Level

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871298020

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private, Other

Listing Terms Cash, Conventional, Private, Other

Financing Cash,Conventional,Private,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Larry R Levin • Realty Mark Associates-CC
Bought with John J Nolano • Keller Williams Philadelphia
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Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.

 

Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.

+1(215) 778-8444

brittany@nettlesandco.com

69 S Main St, Yardley, PA, 19067, USA

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