Traditional
2579 MEMPHIS STREET
PHILADELPHIA , PA 19125
MLS#: PAPH2372138
$350,000
Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1875
Sq.Footage
1,596
Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit “neighborhood-y” pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot… there is nothing incredibly close coffee-wise right now - although we DO love Little Susie’s Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details! Property is being sold in as-is condition. Thanks!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
1596.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Main Level Bedrooms
1
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$350,000
-
Tax Amount
3300.0
-
Sq. Footage
1, 596
-
Price/SqFt
$219
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Emily Nussbaum , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
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