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Listed by Darwin Laureano • EXP Realty, LLC
$ 315,000
Est. payment /mo
Price Dropped by $15K
2981 MEMPHIS ST Philadelphia, PA 19134
1,551 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Port Richmond
MLS Listing ID PAPH2452350
Year Built 1925
Annual Tax Amount $2,954
Tax Year 2024
Lot Size 1,551 Sqft
Acres 0.04
Lot Dimensions 24.00 x 65.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Interior
Hot Water None
Cooling None
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871532080
Ownership Fee Simple
Special Listing Condition Standard
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