Philadelphia, PA 19134,2981 MEMPHIS ST
Philadelphia, PA 19134,2981 MEMPHIS ST
Philadelphia, PA 19134,2981 MEMPHIS ST
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Listed by Darwin Laureano • EXP Realty, LLC
$350,000
Est. payment /mo
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1,978 SqFt
New

2981 MEMPHIS ST Philadelphia, PA 19134

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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

Abv Grd Liv Area 1,978

Originating Board BRIGHT

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 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

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871532080

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash, FHA 203(k), Other

Listing Terms Conventional, Cash, FHA 203(k), Other

Financing Conventional,Cash,FHA 203(k),Other

Special Listing Condition Standard


Bright MLS (BMLS)

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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2981 MEMPHIS ST