1634-40 W MASTER ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,151 sqft
Price per Sqft $73
Subdivision Francisville
MLS Listing ID PAPH2382748
Year Built 1915
Annual Tax Amount $11,643
Tax Year 2024
Lot Size 2,400 Sqft
Property Description
This is an increidble opportunity for the right investor that is familiar with federal programs designed for housing for recovery, stabiliazation programs, VA, etc. This property has a legal rental license for 25 units, that includes one unit designated for a builing manager. Each private bedroom has tall ceilings, windows and a closet. There is a total of 6 powder rooms, 6 showers, a laundry room, 3 lounge/common areas, and 2 kicthens that are shared by all the residents. There is also a large outdoor space and a reception area at the front door. The area is surrounded by new construction, easily assesble by public transportation, and close to Center City. The property was occupied fairly recently, but had been vadalized during a short vacancy period. Please be aware that it does need work to make it leasable again, but it is priced accordinly to the esimated cost to renovate.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water,Forced Air
Cooling None
Exterior
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Standard