See Home Value
Philadelphia 19134 Port Richmond
2126-32 E SOMERSET STREET
$1,462,844*
Multifamily - Off Market

2126-32 E SOMERSET STREET

PHILADELPHIA, PA 19134
bedrooms
Studio
bathrooms
0 Bath
square feet
19298 Sqft
$1,035,000 - $1,265,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

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.

The manager has listed the unit size as 19298 square feet.
Unit Size
19,298Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$60
Property Type
Multifamily
Property Taxes
$3,395
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Feb 24, 2021 No longer available -
No longer available
Jan 19, 2021 Listed $1,150,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
6,221 ft²
$179/ft²
$1,115,000 Sep 18, 2023
$1,115,000 Feb 2, 2024
-
House
Stu
-
1,386 ft²
$577/ft²
$800,000 Oct 22, 2020
$800,000 Dec 1, 2023
-
Townhouse
Stu
-
-
$995,000 May 20, 2021
$995,000 Oct 18, 2021
-
Commercial
Loft
-
-
$900,000 Jul 20, 2023
$900,000 Jan 12, 2024
-
Commercial
Loft
-
-
$1,160,000 Sep 9, 2022
$1,160,000 Aug 31, 2023
-
Land
Loft
-
-
$1,200,000 Dec 20, 2011
$1,200,000 Mar 11, 2013
-
Multifamily
Stu
-
-
$1,120,000 Oct 25, 2023
-
-
Multifamily
Stu
-
-
$1,100,000 Feb 29, 2024
-
-
Multifamily
Stu
-
-
$1,230,000 Dec 27, 2023
-
-
Townhouse
Stu
-
-
$1,150,000 Mar 13, 2024
-
-
Townhouse
Stu
-
-
$1,225,000 Dec 7, 2023
-
-
Commercial
Loft
-
-
$1,230,000 Dec 6, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210119
01/19/2021
Studio
-
19298 ft²
$1,150,000
bedrooms
Studio
bathrooms
-
square feet
19298 ft²
-
-
-
-
20191024
10/24/2019
Studio
-
19298 ft²
$1,700,000
bedrooms
Studio
bathrooms
-
square feet
19298 ft²
-
-
-
-

Building Info

2126-32 East Somerset Street 2126-32 East Somerset Street, Philadelphia, PA 19134
More about this Building
2126-32 East Somerset Street
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About North Philadelphia


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