Short Sale
Listed By:
BHHS Fox & Roach The Harper at Rittenhouse Square
Address
135 N 3Rd Street, Philadelphia, PA
Price
$ 6,500,000
Property Attributes
  • MLS#PAPH2305852
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19106
  • Zip19106
  • StyleGeneral Retail,Professional
  • Year Built1850
  • Taxes$ 57251
  • Price$ 6,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21190
  • Lot Size4,792 SqFt
Data Source:
Bright MLS
Property Description

In the heart of historic Old City sits this fantastic 18-unit Mixed Use brownstone opportunity. 16, 2-bedroom 1 bath updated residential units with stainless steel kitchen appliances and in-unit washer dryers. 2 Commercial retail spaces currently leased. Building is currently fully occupied. Located near Market-Frankford subway line and access to I-95.

Price History
1/15/2024 Listed $7,000,000
2/16/2024 8% - $6,500,000

General Features

Sewer Public Sewer
Heating Other
Cooling Ductless/Mini-Split
Possession 31-60 Days CD
Zoning CMX3
Construction Materials Masonry
Year Built 1850
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 522763.97
Business Type Other/General Retail,Professional
Accessibility None
County PHILADELPHIA
Net Operating Income 413300.49
Insurance Expense 17371.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Located on North 3rd Street between Arch and Race
ModificationTimestamp 2024-02-16T13:35:04
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 18
MLS Area 19106 (19106)
Lot Size Square Feet 4867.00
Tax Assessed Value 4090000.0
Waterfront Y/N No
Street Name 3RD
Tax Annual Amount 57251.0
Trash Expense 4695.00
Price Per Sq Ft 306.75
Vacation Rental Y/N No
Days on Market 107
Standard Status Active
Year Built Source Assessor
Tax Lot 1057
Total Actual Rent 518701.71
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No
Number of Elevators 1

Exterior Features

Water Source Public
Type of Parking None
Land Use Code CA0
Water View Y/N No
Building Area Total 21190.00
Lot Dimensions 49.00 x 100.00
Lot Size Acres 0.11
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 409000.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19106

Price
AVG $470K
$6.5M
Taxes
AVG $12,507
$57,251
Visits
AVG 270
256
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1850

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