Price Reduction
Address
2047 Green Street, Philadelphia, PA
Price
$ 1,500,000
Property Attributes
- MLS#PAPH2232828
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19130
- NeighborhoodFairmount
- Zip19130
- Style
- Year Built1920
- Taxes$ 15487
- Price$ 1,500,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,178 SqFt
Data Source:
Bright MLS
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 will be delivered vacant. 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.
| Price History | |
|---|---|
| 5/6/2023 | Listed $2,200,000 |
| 5/31/2023 | 10% - $2,000,000 |
| 5/31/2023 | 3% - $1,950,000 |
| 8/17/2023 | 8% - $1,800,000 |
| 9/5/2023 | 17% - $1,500,000 |
General Features
| Acceptable Financing | Cash, Conventional, Private, Other |
|---|---|
| Accessibility | Ramp - Main Level |
| Architectural Style | Other |
| Association Recreation Fee | No |
| Construction Materials | Masonry |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | PHILADELPHIA |
| Days on Market | 145 |
| Electric | 200+ Amp Service |
| Garage Y/N | No |
| Heating | Forced Air |
| Location Type | Urban |
| Lot Size Square Feet | 2256.00 |
| MLS Area | 19130 (19130) |
| New Construction | No |
| One Bedroom Units Count | 4 |
| Other Structures | Above Grade, Below Grade |
| Other Units | Unit 1, Unit 2, Unit 4, Unit 3 |
| Percent Ownership | Fee Simple |
| Pool Y/N | No Pool |
| Possession | Immediate, Negotiable |
| Price Per Sq Ft | 270.03 |
| Property Condition | Good |
| Property SubType | Other |
| Property Type | Multi-Family |
| School District | 300200397108 |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Sewer | Public Sewer |
| Structure Type | End of Row/Townhouse |
| Subdivision Name | FAIRMOUNT |
| Tax Annual Amount | 15487.0 |
| Tax Lot | 71 |
| Tax Year | 2023 |
| Total Units | 4 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Waterfront Y/N | No |
| Year Built | 1920 |
| Zoning | RM1 |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Heating Fuel | Electric |
| Heating Y/N | Yes |
| Hot Water | Electric |
Exterior Features
| Living Area | 5555 |
|---|---|
| Foundation Details | Stone |
| Lot Dimensions | 22.00 x 102.00 |
| Lot Size Acres | 0.05 |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Type of Parking | On Street |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
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 Multi-Family Average in 19130
Price
Taxes
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
