Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
This magnificent Historic property was converted into 6 apartments. Because it is an "End of Row" situated on Panama Street (between Pine and Delancey Streets) it enjoys extra windows, light and cross-ventilation. The location is fabulous! Do not miss this opportunity to be the new owner. It was last available in 1983! Rents are below market, but most leases are up for renewal/change on 7/31/2022, (subject to 90 Days Notice or automatic one-year Renewals). NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner/heir and the Property Manager hold PA. REAL ESTATE LICENSES. 3. A Rent Roll can be delivered by E-mail. Verify that it is current before making an offer, or require it and/or Leases in your Purchase Offer. 4. There is the possibility to combine this listing with up to 9 additional Investment Properties and a vacant lot. It is a package that took FIVE decades to acquire. Contact the Listing Agent for details. 5. Owner will consider a Buyer's 1031 Tax Free Exchange. 6. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines before being given access to any occupied units. Current showings are only of Vacant apartments and Basement. 7. It might be possible to convert the back yard into a parking space, (neighbors along the Common Alley have managed to make parking).
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$1,500,000
-
Tax Amount
12887.0
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Location
County
PHILADELPHIA
Elementary School
ALBERT M. GREENFIELD
Middle School
ALBERT M. GREENFIELD ELEMENTARY SCHOOL
High School
SOUTH PHILADELPHIA
Listing Courtesy of Elizabeth F. Campion , Elizabeth Campion
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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