UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,998 sqft
Price per Sqft $431
Subdivision Olde Kensington
MLS Listing ID PAPH2462418
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $7,097
Tax Year 2024
Lot Size 1,343 Sqft
Acres 0.03
Lot Dimensions 20.00 x 68.00
Property Sub-Type Five Or More Units
Property Description
This multi-family property consists of five fully occupied residential units, each featuring modern finishes and thoughtfully designed floor plans. Positioned in a high-visibility area with strong foot traffic and seamless access to public transportation, this property is an ideal choice for investors looking to capitalize on Philadelphia's dynamic rental market.
Adding to the neighborhood's appeal, Front & Girard, a nearby property recently brokered by SDG-RE, is being transformed into a boutique grocery store, offering a convenient and attractive amenity for tenants.
Moreover, 1153 N Front St is zoned CMX-3, permitting short-term rentals by right. A lucrative opportunity for an owner looking to maximize returns. With its prime location and easy access to Center City via public transit, this property is well-positioned for high-demand short-term stays and long-term investment growth.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX3
Interior
Hot Water Other
Heating Other
Cooling Ductless/Mini-Split
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881005930
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
The J Walden Home Group
Phone