2579 MEMPHIS ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19125
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $219
Subdivision Fishtown
MLS Listing ID PAPH2372138
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1875
Annual Tax Amount $3,300
Tax Year 2024
Lot Size 845 Sqft
Property Description
Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit ?neighborhood-y? pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot? there is nothing incredibly close coffee-wise right now - although we DO love Little Susie?s Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details! Property is being sold in as-is condition. Thanks!
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning RSA5
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Vinyl
Equipment Stainless Steel Appliances,Refrigerator
Laundry Dryer In Unit
Exterior
Waterfront N
Water Access N
Roof Type Flat
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard
Pets Description Case by Case Basis