$1,400,000
$1,500,000
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2047 GREEN ST Philadelphia, PA 19130
5,555 SqFt
Key Details
Sold Price $1,400,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,555 sqft
Price per Sqft $252
Subdivision Fairmount
MLS Listing ID PAPH2232828
Style Other
Year Built 1920
Annual Tax Amount $15,487
Tax Year 2023
Lot Size 2,256 Sqft
Property Sub-Type End of Row/Townhouse
Property Description
Phenomenal opportunity to own a neighborhood landmark in one of Philly's best locations. Investors or owner operators alike will recognize the rare chance to take possession of a building that represents a generational asset. The ground floor bar restaurant was gut renovated from the basement up to the main floor about 16 years ago and is virtually turnkey. It offers a full kitchen, sit down and bar service, outdoor seating and small bandstand. It is currently vacant with a square footage of 3074 sf (including the full basement). . The buyer will be responsible for purchasing their own liquor license. The four 1 bedroom apartments are rarely vacant so contribute a reliable and predictable income stream to the investment or the owner/operator of the bar restaurant. The current owner offers 2 free laundry rooms to the residential tenants so additional revenue is possible if a new owner chooses to install coin operated units. There is also substantial upside with the residential rents. With cosmetic improvements to the apartments the rents could go as high as $1900 a month. Make your appointment today. You will not be disappointed.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash, Conventional, Private, Other
Listing Terms Cash, Conventional, Private, Other
Special Listing Condition Standard
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Bought with John J Nolano • Keller Williams Philadelphia