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Map
$1,462,844*
●
Multifamily -
Off Market
2126-32 E SOMERSET STREET
PHILADELPHIA, PA 19134
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Commercial
Loft
-
-
$1,160,000
Sep 9, 2022
$1,160,000
Aug 31, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/19/2021
|
|
Studio
|
-
|
19298 ft²
|
$1,150,000
Studio
-
19298 ft²
|
-
-
|
-
|
-
|
10/24/2019
|
|
Studio
|
-
|
19298 ft²
|
$1,700,000
Studio
-
19298 ft²
|
-
-
|
-
|
-
|
Building Info
2126-32 East Somerset Street
2126-32 East Somerset Street, Philadelphia, PA 19134
About North Philadelphia
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