CHARIS REALTY GROUP

Other

2047 GREEN STREET

PHILADELPHIA, PA 19130

MLS#: PAPH2232828

$1,500,000

Status: Closed
Listing number: PAPH2232828
Listing provided by: Realty Mark Associates-CC
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
Browse Properties
FAIRMOUNT - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

5,555

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5555.0

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $1,500,000

  • Tax Amount

    $15,487

  • Sq. Footage

    5, 555

  • Price/SqFt

    $270

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    71

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Larry R Levin , Realty Mark Associates-CC

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Agent Chris Bollman

AGENT

Chris Bollman

Call Chris today to schedule a private showing.

(814) 215-0017

chris@charisrealty.com


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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.

2047 GREEN STREET

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