Fixer Upper
Listed By:
The Greene Realty Group
Address
2040 S Philip Street, Philadelphia, PA
Price
$ 249,000
Property Attributes
  • MLS#PAPH2356940
  • TypePending
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19148
  • NeighborhoodPennsport
  • Zip19148
  • Style
  • Year Built1920
  • Taxes$ 3108
  • Price$ 249,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.02 Acres
Data Source:
Bright MLS
Property Description

Fantastic PENNSPORT investor opportunity! Two-unit multifamily/commercial apartment building with gated entry foyer and separate entrances. Two-story building with 16'x49' lot size and desirable CMX2 zoning. 1st floor and basement: Vacant bi-level/needs work. Cleaned-out in empty complete shell condition. Nearly 8' high basement ceilings with a poured concrete floor. Finish a renovation as a basic 1-bedroom mirror to the 2nd floor apartment OR a 2-bedroom bi-level apartment (or commercial uses possible). 2nd floor: Nice 1 bedroom / 1 bath apartment with gas cooking, gas heat and wall A/C ready to lease. Prime neighborhood and ideal location. Convenient for parking and transportation. Walk Score of 91 (Walker's Paradise). Walking distance to restaurants, bars, shopping and parks. Close to Target, ACME Markets and dozens of retail stores including Lowes, Ikea, Home Depot and Walmart.

Price History
5/21/2024 Listed $249,000

General Features

Interior Features Carpet,Kitchen - Eat-In,Recessed Lighting
Sewer Public Sewer
Heating Forced Air
Cooling Wall Unit
Possession Settlement
Roof Rubber
Appliances Oven/Range - Gas,Range Hood,Refrigerator,Water Heater
Zoning CMX2
Architectural Style Other
Construction Materials Masonry
Year Built 1920
Electric Circuit Breakers
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name PENNSPORT
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status PENDING
Directions 2nd property in on S. Philip St from Snyder Ave between S. 2nd St and S. 3rd St. Convenient parking on Snyder Ave for showings.
ModificationTimestamp 2024-06-15T12:17:19
City PHILADELPHIA
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 2
MLS Area 19148 (19148)
Lot Size Units Square Feet
Lot Size Square Feet 781.00
Tax Assessed Value 222100.0
Waterfront Y/N No
Tax Annual Amount 3108.0
Home Warranty Y/N No
Structure Type Interior Row/Townhouse
One Bedroom Units Count 2
NumberOfUnitsVacant 2
Price Per Sq Ft Total AG 257.23
Vacation Rental Y/N No
Total SQFT 968
Days on Market 26
Standard Status Pending
Year Built Source Assessor
Tax Lot 174
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Poured Concrete,Unfinished,Windows
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Pool No Pool
Parking Features Public
Lot Features Rear Yard,SideYard(s)
Water Source Public
Inclusions installed appliances and wall a/c included in as-is condition
Type of Parking On Street
Land Use Code U30
Foundation Details Stone
Spa No
Water View Y/N No
Lot Dimensions 16.00 x 49.00
Lot Size Acres 0.02
Lot Size Source Estimated
Land Assessed Value 44420.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19148

Price
AVG $270K
$250K
Taxes
AVG $2,639
$3,108
Visits
AVG 344
243
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1920