See Home Value
Philadelphia 19134 Port Richmond
2650-52 E SOMERSET STREET
$1,018,471*
Multifamily - Off Market

2650-52 E SOMERSET STREET

PHILADELPHIA, PA 19134
bedrooms
Studio
bathrooms
0 Bath
square feet
5058 Sqft
$630,000 - $768,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Great investment opportunity in blossoming Port Richmond! This double-wide, street-to-street, sunny corner property has so much potential for a new owner to scoop up and make it their own. There is over 5,500 Sq Ft. of space, so the options are limitless! Currently zoned as CMX-1, this property has a cafe on the first floor and part of the second, and is being used as offices and living space in the upper floors but will be delivered vacant at settlement. It is BUSINESS AS USUAL at the Hinge Cafe for now, so go on in, have some lunch, and take a look! But please call Co-Listing Agent Angela Crecca for a showing to see the rest of the building, as it is tenant occupied. The commercial cafe portion of the building can seat 22 in the front cafe room, 24 in the room to the right on the first floor, and up to 30 in the party room upstairs, a total of 76 seats! Kitchen equipment is negotiable. Would make a great commissary, small cafe/co-working space with rooms for rent, or turn-key restaurant with multiple forms of income.

The manager has listed the unit size as 5058 square feet.
Unit Size
5,058Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$138
Property Type
Multifamily
Property Taxes
$6,902
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold $610,000
Sold
Jan 24, 2020 Listed $699,000
Listed

Property Highlights

Fireplace
Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
3 Baths
-
$655,000 Mar 1, 2023
$655,000 Apr 14, 2023
$40/mo
Townhouse
3 Beds
4 Baths
-
$730,000 Apr 28, 2022
$730,000 May 31, 2022
-
House
4 Beds
2 Baths
-
$672,145 Mar 4, 2023
$672,145 Apr 12, 2023
-
House
3 Beds
3 Baths
-
$700,000 Jun 13, 2018
$700,000 Aug 20, 2018
-
Townhouse
3 Beds
4 Baths
-
$800,000 Jul 14, 2022
$800,000 Apr 21, 2023
-
Townhouse
3 Beds
4 Baths
-
$667,400 Mar 28, 2023
$667,400 Mar 22, 2023
$165/mo
Commercial
Loft
-
-
$699,999 Feb 10, 2023
-
$285/mo
Commercial
Loft
-
-
$650,000 Mar 17, 2023
-
$313/mo
Commercial
Loft
-
-
$630,000 Mar 20, 2023
-
$211/mo
Townhouse
4 Beds
2 Baths
1,950 ft²
$410/ft²
$798,950 Apr 20, 2023
-
$310/mo
Townhouse
3 Beds
3 Baths
-
$689,000 Sep 25, 2022
-
-
Townhouse
3 Beds
3 Baths
-
$699,000 Mar 13, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200120
01/20/2020
Studio
-
-
$699,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20190218
02/18/2019
Studio
-
-
$779,900
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

2650 East Somerset Street 2650 East Somerset Street, Philadelphia, PA 19134
  • 1 Unit for Sale
More about this Building
2650 East Somerset Street
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About North Philadelphia


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