1 of 28
Tools
Size
3
Bedrooms
2
Full Baths
1,600 Sq Ft.
interior
Financial
$249,900
Change Currency
$156
Price Per Sqft
$2,117
Annual taxes
Listing Details
Condo / Townhouse
Property type
1925
Year Built
7465371
Web Id
2844627-PAPH2235868
MLS ID
502
Days Posted
Description
125 W Chew Ave,
Philadelphia,
PA
19120
Philadelphia, PA 19120
Centrally located in Northeast Philadelphia, this 1,904sqft property offers a multitude of possibilities for business owners seeking a storefront and a residence, close to the shopping center and groceries. Divided as a duplex, but zoning is RSA5 (single-family). The renovated 2nd level residence impresses with an openly flowing layout, soft natural light, beautiful faux wood flooring, modern paint hues, spacious living room, chic full bathroom, large bedrooms, and an open concept kitchen featuring stainless-steel appliances. Fashioned as a storefront, the lower-level may be utilized as a shop or even a fashionable salon. Boasting a potential annual net income of $40,000 with a cap rate of 8%, this affords a rare and potentially profitable opportunity for a seasoned investor. Please note, the back cottage (separate entrance) is occupied by a squatter, and seller is in the eviction process, expected to be done by the end of June. The property was divided into a duplex; however zoning is RSA5, single family. The previous owner did variance in 1975 and operated Child Care before. Seize the moment, and call now to schedule a private showing!
Price HistoryView all +
date | price | variance | type |
---|---|---|---|
10/27/2023 | $249,900 | - | Contract |
10/27/2023 | $249,900 | - | Contract |
10/1/2023 | $249,900 | - | off market |
6/7/2023 | $249,900 | - | Contract |
6/7/2023 | $249,900 | - | Contract |
5/18/2023 | $249,900 | - | Listed |
Listing By: KW Empower via Data Source: Bright MLS
listing agent: Anastasia Tran