2981 MEMPHIS ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19134
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,978 sqft
Price per Sqft $176
Subdivision Port Richmond
MLS Listing ID PAPH2481236
Style Traditional
Year Built 1925
Annual Tax Amount $2,954
Tax Year 2024
Lot Size 1,551 Sqft
Property Sub-Type Duplex
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
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Conventional,Cash,FHA 203(k),Other
Listing Terms Conventional,Cash,FHA 203(k),Other
Special Listing Condition Standard