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Map
$1,072,509*
●
Commercial -
Off Market
1311 MEDARY AVENUE
PHILADELPHIA, PA 19141
Studio
0 Bath
$675,000 - $825,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Huge price reduction...LOOKING TO INVEST YOUR MONEY IN AN
OPPORTUNITY ZONE? Here is a well maintained, stand alone,
separately metered, fully occupied 7 unit apt bldg in the beautiful
East Oak Ln section of Phila that happens to fall in an opportunity
zone. This building was renovated about 10 years ago, but all hot
water heaters except for one are about 6 months to a year old. All
units are spacious with high ceilings, central air, ceiling fans,
and huge bathrooms. Kitchens are fully loaded with plenty of
cabinetry, ceramic tile, granite countertops, and clean stainless
steel appliances with breakfast bars in most apts. There is also a
coin operated laundry site along with storage units for each apt in
the basement. It is steps away from Community College, NW division,
5 miles away from Temple and Lasalle Universities, and convenient
transportation and shopping. What an opportunity!
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$6,236
HOA Dues
-
Year Built
1925
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 10, 2020 | Sold | $690,000 | |
Sold | |||
Mar 24, 2020 | No longer available | - | |
No longer available | |||
Oct 23, 2019 | Price Decreased |
$750,000
↓ $50K
(6.3%)
|
|
Price Decreased | |||
Sep 10, 2019 | Listed | $800,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
8
Beds
5
Baths
5,964 ft²
$111/ft²
$660,000
Feb 10, 2023
$660,000
Mar 31, 2023
-
Sold
House
6
Beds
5
Baths
4,000 ft²
$156/ft²
$625,000
Apr 20, 2023
$625,000
Jun 1, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/10/2019
|
|
Studio
|
-
|
-
|
$800,000
Studio
-
|
$690,000
-13.75%
07/10/2020
|
-
|
Cherise Wynne
|