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1618 E Passyunk Avenue

PHILADELPHIA, PA 19148
  • $450,000
  • STATUS: Active
  • ON SITE: 172 Days
  • ID#: PAPH2149806
UPDATED: 169 min ago
$450,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

Rare investment opportunity in the heart of East Passyunk Avenue. This location cannot be beat! Own a property in the very center of this neighborhood+GGs countless shops and restaurants. Just three blocks to the Broad Street Line and walkable to every convenience imaginable, highlighting the ideal city lifestyle. 1618 E Passyunk Ave is a mixed-use property that includes a street-level store front with picture window and a large 3-bedroom residence with finished basement access. Creative developers will love the extra-long lot (16 x 90)! The bi-level residential unit has been owner occupied for over 40 years and is ready for a new vision. More recent upgrades include hardwood floors throughout and central air, but there is still plenty of room for custom improvements. The first floor is open concept with a bonus storage room behind the kitchen. Large yard with storage shed and a beautiful mature plum tree! The basement has a separate entrance from the sidewalk and includes a small kitchenette and bathroom facilities. The basement can act as a 4th bedroom OR a potential 3rd unit with further renovation and zoning approval. The commercial unit was most recently used as a doctor's office and previously, a grocery store. There is a party wall dividing the space that can be easily removed to create an open area with half bathroom included. This space has an independent electric meter and newer mini-split system for heating and cooling. The commercial tenant has recently vacated to allow for a total reimagining by the new owner. This is a blank slate on one of the best blocks of South Philadelphia. Don+GGt miss your chance to capitalize on this great opportunity. Schedule your appointment today! **Check out the video walk through tour included in this listing.**

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©2023 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: 2023-02-02T23:50:44.8.
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1618 E Passyunk Avenue PHILADELPHIA, PA 19148

  • Price: $450,000
  • Status: Active
  • On Site: 172 Days
  • Updated: 169 min ago
  • ID#: PAPH2149806
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1915
Built
Neighborhood:
Passyunk Square
County:
Philadelphia
Area:
19148 (19148)
School District:
The School District Of Philadelphia
Property Description
Rare investment opportunity in the heart of East Passyunk Avenue. This location cannot be beat! Own a property in the very center of this neighborhood+GGs countless shops and restaurants. Just three blocks to the Broad Street Line and walkable to every convenience imaginable, highlighting the ideal city lifestyle. 1618 E Passyunk Ave is a mixed-use property that includes a street-level store front with picture window and a large 3-bedroom residence with finished basement access. Creative developers will love the extra-long lot (16 x 90)! The bi-level residential unit has been owner occupied for over 40 years and is ready for a new vision. More recent upgrades include hardwood floors throughout and central air, but there is still plenty of room for custom improvements. The first floor is open concept with a bonus storage room behind the kitchen. Large yard with storage shed and a beautiful mature plum tree! The basement has a separate entrance from the sidewalk and includes a small kitchenette and bathroom facilities. The basement can act as a 4th bedroom OR a potential 3rd unit with further renovation and zoning approval. The commercial unit was most recently used as a doctor's office and previously, a grocery store. There is a party wall dividing the space that can be easily removed to create an open area with half bathroom included. This space has an independent electric meter and newer mini-split system for heating and cooling. The commercial tenant has recently vacated to allow for a total reimagining by the new owner. This is a blank slate on one of the best blocks of South Philadelphia. Don+GGt miss your chance to capitalize on this great opportunity. Schedule your appointment today! **Check out the video walk through tour included in this listing.**
Exterior Features

Construction Materials Masonry Garage YN No Location Type Business District Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2000.00 Cooling Central A/CDuctless/Mini-Split Heating Radiator Heating YN Yes Net Square Feet 2000.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Convenience Store/GasDay Care FacilityFlexHair Salon And SpaOther/General RetailProfessionalRestaurant/BarStorageSupermarket/Grocery StoreVet/KennelOther Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 801811646598 Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd61-90 Days Cd90-120 Days Cd120-180 DaysNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2036.00 Tax Assessment Amount 145500.00 Tax Lot 100 Vacation Rental YN No Water Source Public Zoning Cmx25

Listing courtesy of Coldwell Banker Realty: .


©2023 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: 2023-02-02T23:50:44.8.
 
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