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Paula Flagg

paula@paulaflagg.com +1(202) 431-7210

$ 350,000

Est. payment -/mo

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2579 MEMPHIS ST Philadelphia, PA 19125

2 Beds

1 Bath

1,596 SqFt

UPDATED:

08/25/2024 09:27 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $219

Subdivision Fishtown

MLS Listing ID PAPH2372138

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,596

Originating Board BRIGHT

Year Built 1875

Annual Tax Amount $3,300

Tax Year 2024

Lot Size 845 Sqft

Acres 0.02

Lot Dimensions 14.00 x 60.00

Property Description

Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit “neighborhood-y” pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot… there is nothing incredibly close coffee-wise right now - although we DO love Little Susie’s Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details! Property is being sold in as-is condition. Thanks!

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Direction South

Rooms

Basement Full

Main Level Bedrooms 1

Interior

Interior Features Floor Plan - Open, Kitchen - Eat-In

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Vinyl

Equipment Stainless Steel Appliances, Refrigerator

Fireplace N

Appliance Stainless Steel Appliances, Refrigerator

Heat Source Natural Gas

Laundry Dryer In Unit

Exterior

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type On Street

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Pets Allowed Y

Senior Community No

Tax ID 871541280

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Description Case by Case Basis

Listed by Emily Nussbaum • Compass RE

Paula Flagg

Agent

+1(202) 431-7210

Paula Flagg

2579 MEMPHIS ST Philadelphia, PA 19125

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2579 MEMPHIS ST