Homes for sale - 1949-1953 N 2ND ST, Philadelphia, PA 19122

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Petena Thomas

petena@jasonmartingroup.com +1(202) 427-2444

$1,495,000

Est. payment - /mo

6,593 Sqft Lot

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UPDATED:

08/25/2024 08:05 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision South Kensington

MLS Listing ID PAPH2364802

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $6,913

Tax Year 2024

Lot Size 6,593 Sqft

Acres 0.15

Lot Dimensions 56.00 x 110.00

Property Description

Incredible investment opportunity in the Norris Square neighborhood, located directly in the path of developement along N 2nd St. and just two blocks from Fishtown. This neighborhood is the next to take off with a thriving community, proximity to Norris Square park (a public park larger then Rittenhouse Square) and a block from the American Ave coridor that is receiving millions in funding for street scape impovemenst and large scale development projects. This 3 story warehouse has concrete flooring on the first floor and wood flooring and timber beems on the upper floors. Abutting three streets including Palthorp, Norris and 2nd street, it has the option for off street parking accessed from Norris with an extra large roll up garage door with a possible 8 car parking. With the CMX2 zoning you can built up to 5 floors with a total of 36 residential units and commerical with the added green roof and affordable unit bonus, or renovate the building and create true loft units for a possible 21 residential units plus commerical. The zoning alos allows for a multitude of business ideas or use for storage.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning I2

Interior

Hot Water Electric

Heating None

Cooling None

Flooring Hardwood, Concrete

Heat Source None

Exterior

Garage Spaces 7.0

Water Access N

Roof Type Flat,Rubber

Accessibility None

Total Parking Spaces 7

Garage N

Building

Sewer Private Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884343635

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Lara Ertwine • SERHANT PENNSYLVANIA LLC

"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."

+1(202) 427-2444

petena@jasonmartingroup.com

1949-1953 N 2ND ST Philadelphia, PA 19122