School District: The School District Of Philadelphia
Address: 2126-32 E SOMERSET ST
Property Taxes: $0
Investor or Developer. 9 UNITS TOTAL. Lot size 10,240 sqft. Great opportunity to acquire a significant parcel in a sought after area for both residential and commercial uses in Philadelphia. RSA5 zoning. Huge 19,298 sqft building, goes from street to street. Property is situated in a energized, gentrifying neighborhood. Surrounded by new developments. Just blocks away from entertainment and public transportation to Center City. The existing building provides the ability to hold & market as rental space which has a large center courtyard. Several of the units are made up with apartment floor plans, spacious artist studios and several undeveloped spaces being rented as garages and are very well ventilated and secure. This is a multi-use, it has apartments, artist spaces and oversized garages. Rent gross approximately $107,340 per year. (4) 1 br apartments, (1) 2br apartment, (6) artist studios, (3) separate spacious garages totaling 6000 sqft. Or demo to take advantage of the full lot size and maximize profits. This site borders Fishtown, East Kensington and Port Richmond Philadelphia. Steps away from both Kensington Avenue and Aramingo Avenue one of the primary commercial corridors serving the surrounding areas.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th April, 2021 2:37 AM