Philadelphia, PA 19130,2047 GREEN ST
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Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST
Philadelphia, PA 19130,2047 GREEN ST

$1,400,000

Est. payment /mo

$1,500,000

6.7%
Est.Price: ?

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2047 GREEN ST Philadelphia, PA 19130

5,555 SqFt

SOLD DATE : 04/10/2024

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,555 sqft

Price per Sqft $252

Subdivision Fairmount

MLS Listing ID PAPH2232822

Sold Date 04/10/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $15,487

Tax Year 2023

Lot Size 2,256 Sqft

Acres 0.05

Lot Dimensions 22.00 x 102.00

Property Description

Phenomenal opportunity to own a neighborhood landmark in one of Philly's best locations. Investors or owner operators alike will recognize the rare chance to take possession of a building that represents a generational asset. The ground floor bar restaurant was gut renovated from the basement up to the main floor about 16 years ago and is virtually turnkey. It offers a full kitchen, sit down and bar service, outdoor seating and small bandstand and is currently vacant. The buyer will be responsible for purchasing their own liquor license. Square footage of the restaurant space is 3074 sf (including the full basement). The four 1 bedroom apartments are rarely vacant so contribute a reliable and predictable income stream to the investment or the owner/operator of the bar restaurant. The current owner offers 2 free laundry rooms to the residential tenants so additional revenue is possible if a new owner chooses to install coin operated units. There is also substantial upside with the residential rents. With cosmetic improvements to the apartments the rents could go as high as $1900 a month. Make your appointment today. You will not be disappointed.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Ramp - Main Level

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871298020

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private, Other

Listing Terms Cash, Conventional, Private, Other

Financing Cash,Conventional,Private,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Larry R Levin • Realty Mark Associates-CC
Bought with John J Nolano • Keller Williams Philadelphia

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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