REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Darwin Laureano • EXP Realty, LLC
$ 315,000
Est. payment /mo
Price Dropped by $15K
2981 MEMPHIS ST Philadelphia, PA 19134
1,551 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Port Richmond
MLS Listing ID PAPH2452350
Year Built 1925
Annual Tax Amount $2,954
Tax Year 2024
Lot Size 1,551 Sqft
Acres 0.04
Lot Dimensions 24.00 x 65.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Interior
Hot Water None
Cooling None
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871532080
Ownership Fee Simple
Special Listing Condition Standard
GET MORE INFORMATION
We respect your privacy! Your information WiLL NOT BESHARED,SOLD, or REMTED to anyone, for any reasonoutside the course of normalreal ostate exchange,Bysubmitting, you agree to our Terms of Use and PrlvacyPolicy.
Andrea Ronca
Realtor | Licensed in NJ & PA | License ID: 0569187 NJ | 300377 PA
+1(856) 577-6991 | andrearonca@kw.com