Skip To Content
    Return to Previous Page

    1515 W Porter Street

    PHILADELPHIA, PA 19145
    • $575,000
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: PAPH964270
    UPDATED: 40 min ago
    $575,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,760
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Incredible investment opportunity in the bustling Girard Estates neighborhood in South Philly! This is a corner lot, mixed use property with the bottom floor the (future) home to a well-established local coffee shop and the second floor a beautifully renovated residential unit. The residential unit is on the 2nd floor and is a 2 bedroom 1 bath that is completely renovated. Wood flooring throughout with a brand new bathroom and kitchen with ample counter and storage space and new appliances (including a washer and dryer). This unit is currently vacant and ready to rent.The retail unit on the ground floor is the future home to a local cafe that is expanding. The coffee shop has an established 3-year lease at current rate ($1500/mo) with the option to negotiate after the third year. The current retail tenant is responsible for the outfitting of the space and is on pace to open December 1. This space is complete with custom and commercial grade windows and door. There is additional space in the rear of the first floor complete with a half bathroom that will be currently used for private dining and storage for the commercial tenant. This space can easily be converted into a 3rd (residential) unit in the future as it already has its own entry door.Additional features include brand new plumbing, new stucco, new roof, and more. This is an amazing opportunity for anyone looking to invest in a mixed use property.

    Monthly Payment Calculator



    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-05T10:54:22.683.
    www.tomtoole.com/homes/111947549
    Print Image

    1515 W Porter Street PHILADELPHIA, PA 19145

    • Price: $575,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: PAPH964270
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    1,760
    SQFT
    $327
    $/SQFT
    1920
    Built
    Neighborhood:
    19145 (19145)
    County:
    Philadelphia
    Area:
    19145 (19145)
    School District:
    The School District Of Philadelphia
    Property Description
    Incredible investment opportunity in the bustling Girard Estates neighborhood in South Philly! This is a corner lot, mixed use property with the bottom floor the (future) home to a well-established local coffee shop and the second floor a beautifully renovated residential unit. The residential unit is on the 2nd floor and is a 2 bedroom 1 bath that is completely renovated. Wood flooring throughout with a brand new bathroom and kitchen with ample counter and storage space and new appliances (including a washer and dryer). This unit is currently vacant and ready to rent.The retail unit on the ground floor is the future home to a local cafe that is expanding. The coffee shop has an established 3-year lease at current rate ($1500/mo) with the option to negotiate after the third year. The current retail tenant is responsible for the outfitting of the space and is on pace to open December 1. This space is complete with custom and commercial grade windows and door. There is additional space in the rear of the first floor complete with a half bathroom that will be currently used for private dining and storage for the commercial tenant. This space can easily be converted into a 3rd (residential) unit in the future as it already has its own entry door.Additional features include brand new plumbing, new stucco, new roof, and more. This is an amazing opportunity for anyone looking to invest in a mixed use property.
    Exterior Features

    Architectural Style Other Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types Off Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1760 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel Electric Cross Street Hicks Heating Fuel Natural Gas Historic YN No Hot Water Electric Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 304398317715 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days CdImmediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Over Storefront Tax Annual Amount 2868.00 Tax Assessment Amount 204900.00 Tax Lot 100 Vacation Rental YN No Water Source Public Zoning Cmx1

    Listing courtesy of Bhhs Fox & Roach The Harper At Rittenhouse Square.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-05T10:54:22.683.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304398317715-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304398317715-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304398317715-2.jpg
    Logo
    RE/MAX Main Line
    1646 West Chester Pike, Suite 2
    West Chester PA, 19382