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2232 Locust Street

PHILADELPHIA, PA 19103
  • $1,950,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: PAPH2085980
UPDATED: 47 min ago
$1,950,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

Description

This is a gorgeous, Historically Designated, SIX (6) Apartment property, in a fabulous location, It commands an entire block along 23rd Street (100' of Frontage), between Locust and Latimer Streets. This is a great investment. It was last available in 1983! Do not miss this opportunity to be the new owner. The Rents are currently below market, but all leases have the possibility for termination or change in < a year. NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner / heir and the Property Manager hold PA. REAL ESTATE LICENSE. 3. A Rent Roll is available. Request it via E-mail to the Listing Agent. Verify it is current before making an offer, &/or require it and Leases with your Purchase Offer. 4. Note most Leases expire 7/31/2022, and most have a 90-day Notice period, with automatic one-year Renewal in the absence of Notice5. There is the possibility to combine this listing with up to 9 additional Investment Properties, all located between 3rd Street and 23rd and between Lombard and Locust Streets..It is a package that took FIVE decades to acquire. E-mail the Listing Agent for a complete list and details. 6. The Owner will consider a Buyer's 1031 Tax Free Exchange. 7. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines before being given access to any occupied units.7. Same day showing of any vacant units and the basements are available through ShowingTime.

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©2022 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 Mackintosh Realty Inc. 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: 2022-05-22T21:49:40.773.
www.sunrisehomesalesteam.com/homes/126018291
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2232 Locust Street PHILADELPHIA, PA 19103

  • Price: $1,950,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 47 min ago
  • ID#: PAPH2085980
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1900
Built
Neighborhood:
19103 (19103)
County:
Philadelphia
Area:
19103 (19103)
Elementary School:
Albert M. Greenfield
Middle School:
Albert M. Greenfield Elementary School
High School:
South Philadelphia
School District:
The School District Of Philadelphia
Property Description
This is a gorgeous, Historically Designated, SIX (6) Apartment property, in a fabulous location, It commands an entire block along 23rd Street (100' of Frontage), between Locust and Latimer Streets. This is a great investment. It was last available in 1983! Do not miss this opportunity to be the new owner. The Rents are currently below market, but all leases have the possibility for termination or change in < a year. NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner / heir and the Property Manager hold PA. REAL ESTATE LICENSE. 3. A Rent Roll is available. Request it via E-mail to the Listing Agent. Verify it is current before making an offer, &/or require it and Leases with your Purchase Offer. 4. Note most Leases expire 7/31/2022, and most have a 90-day Notice period, with automatic one-year Renewal in the absence of Notice5. There is the possibility to combine this listing with up to 9 additional Investment Properties, all located between 3rd Street and 23rd and between Lombard and Locust Streets..It is a package that took FIVE decades to acquire. E-mail the Listing Agent for a complete list and details. 6. The Owner will consider a Buyer's 1031 Tax Free Exchange. 7. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines before being given access to any occupied units.7. Same day showing of any vacant units and the basements are available through ShowingTime.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Heating Forced Air Heating YN Yes Inclusions All Seller Owned Appliances"As Is" And "Where Is" Net Square Feet 4000.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Entry Level 1 Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 801354556638 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 16030.00 Tax Assessment Amount 1145200.00 Tax Lot 1067 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Elizabeth Campion.


©2022 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 Mackintosh Realty Inc. 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: 2022-05-22T21:49:40.773.
 
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