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125 W Chew Avenue

PHILADELPHIA, PA 19120
  • $256,900
  • STATUS: Closed
  • ON SITE: 379 Days
  • ID#: PAPH2235924
Sold - 09/29/2023
$256,900
SOLD - 09/29/2023
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,904
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Centrally located in Northeast Philadelphia, this 1,904sqft property offers a multitude of possibilities for business owners seeking a storefront and a residence, close to the shopping center and groceries. Divided as a duplex, but zoning is RSA5 (single-family). The renovated 2nd level residence impresses with an openly flowing layout, soft natural light, beautiful faux wood flooring, modern paint hues, spacious living room, chic full bathroom, large bedrooms, and an open concept kitchen featuring stainless-steel appliances. Fashioned as a storefront, the lower-level may be utilized as a shop or even a fashionable salon. Boasting a potential annual net income of $40,000 with a cap rate of 8%, this affords a rare and potentially profitable opportunity for a seasoned investor. Please note, the back cottage (separate entrance) is occupied by a squatter, and seller is in the eviction process, expected to be done by the end of June. The property was divided into a duplex; however zoning is RSA5, single family. The previous owner did variance in 1975 and operated Child Care before. Seize the moment, and call now to schedule a private showing!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-28T23:50:11.06.
www.amandakrallteam.com/homes/139568307
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125 W Chew Avenue PHILADELPHIA, PA 19120

  • Price: $249,900
  • Status: Closed
  • On Site: 379 Days
  • ID#: PAPH2235924
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,904
SQFT
$0
$/SQFT
1925
Built
Neighborhood:
Olney
County:
Philadelphia
Area:
19120 (19120)
School District:
The School District Of Philadelphia
Property Description
Centrally located in Northeast Philadelphia, this 1,904sqft property offers a multitude of possibilities for business owners seeking a storefront and a residence, close to the shopping center and groceries. Divided as a duplex, but zoning is RSA5 (single-family). The renovated 2nd level residence impresses with an openly flowing layout, soft natural light, beautiful faux wood flooring, modern paint hues, spacious living room, chic full bathroom, large bedrooms, and an open concept kitchen featuring stainless-steel appliances. Fashioned as a storefront, the lower-level may be utilized as a shop or even a fashionable salon. Boasting a potential annual net income of $40,000 with a cap rate of 8%, this affords a rare and potentially profitable opportunity for a seasoned investor. Please note, the back cottage (separate entrance) is occupied by a squatter, and seller is in the eviction process, expected to be done by the end of June. The property was divided into a duplex; however zoning is RSA5, single family. The previous owner did variance in 1975 and operated Child Care before. Seize the moment, and call now to schedule a private showing!
Exterior Features

Architectural Style Back-To-Back Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1904 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Heating Heat Pump(S) Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Assessment Year 2023 Buyer Financing Fha Central Air YN No Close Sale Terms Standard Sale Cooling Fuel None Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water 60+ Gallon Tank Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802344701898 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 2117.00 Tax Assessment Amount 151300.00 Tax Lot 39 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of KW Philly: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-28T23:50:11.06.
 
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