2981 MEMPHIS ST Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19134
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,978 sqft
Price per Sqft $166
Subdivision Port Richmond
MLS Listing ID PAPH2452350
Year Built 1925
Annual Tax Amount $2,954
Tax Year 2024
Lot Size 1,551 Sqft
Property Sub-Type Mixed Use
Property Description
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Interior
Hot Water None
Cooling None
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard