2201 N 7th St, Philadelphia, PA 19133

$299,000

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List Price
$299,000
Price Change
▼ $40,000 1786645113
Days on Market
31
Status
PENDING
MLS#
PAPH2649640
Lot Size (Acres)
0.05
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

Located in one of Philadelphia's rapidly growing neighborhoods, this mixed-use property presents an outstanding opportunity for investors, developers, or owner-occupants looking to add value. Surrounded by new construction and ongoing redevelopment, the property is ideally positioned in an area experiencing continued growth. The property features a highly visible commercial storefront, three apartment units, and an expansive garage with approximately 12-foot ceilings, offering excellent flexibility for a variety of business or investment uses. One apartment unit is currently livable, while the two rear apartment units have already been largely framed out and are ready for the next phase of renovation. This provides an excellent opportunity to complete the project and maximize the property's income potential. The commercial space and overall property would also benefit from updates, making this an ideal investment with significant upside. With outstanding street visibility, multiple income-producing possibilities, and endless potential for redevelopment or owner occupancy, this is a rare opportunity in one of Philadelphia's up-and-coming neighborhoods. The property is being sold in as-is condition, and the buyer will be responsible for any cleanout of the property. Don't miss this exceptional value. Schedule your showing today!

Additional Information

Area
19133 (19133)
Taxes
$629
School District
Philadelphia City
Heating
Hot Water, Radiator
Heating Fuel
Natural Gas
Cooling
None
Roof
Flat, Rubber
Water
Public
Sewer
No Septic System

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Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191