$1,370,000
$999,999
37.0%For more information regarding the value of a property, please contact us for a free consultation.
1232 SUMMER ST Philadelphia, PA 19107
2,448 SqFt
Key Details
Sold Price $1,370,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $559
Subdivision Chinatown
MLS Listing ID 1002006164
Style Other
Year Built 1925
Annual Tax Amount $5,178
Tax Year 2018
Lot Size 1,940 Sqft
Property Description
Investors and Developers Alert! This is a an amazing opportunity to update 5 existing units to create condos, a rent producing property or create your own brand new property. Zoned RM1 with a lot of 24 X 80FT this has the potential to be a great investment opportunity. The Western portion of the property is accessed via an easement known as Winter Court. As it sits currently you have the main home on Summer Street, which has 3 bedrooms and 1 bathroom. The first floors features a laundry room, office, small courtyard, storage garage. The living room, kitchen and full bathroom is located on the 2nd floor and the 3rd floor of the home has three bedrooms. This is the largest of the 5 units currently it is occupied and being leased for $1,850. There are also four Trinity Style homes via the courtyard entrance. Each of the homes have similar layouts. First floor; Living room and kitchen, Second Floor; open room, Third floor bedroom with full bathroom. Each of the homes has an unfinished basement which can be used for Washer/dryer or storage. The property is located within blocks of Reading Terminal Market, the convention Center, Hahnemann Hospital and the new Rail Park. Buyer is responsible for City Cert.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Laundry Hookup
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Christopher M Fox • BHHS Fox & Roach-Haverford