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Tamika R. Johnson

tamika@tamikajohnson-realtor.com +1(240) 602-4348

$ 1,050,000

Est. payment -/mo

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Active

1537 SOUTH ST Philadelphia, PA 19146

2,786 SqFt

UPDATED:

12/18/2024 03:31 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,786 sqft

Price per Sqft $376

MLS Listing ID PAPH2417386

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $8,434

Tax Year 2019

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Sub-Type Mixed Use

Property Description

Prime Downtown Philadelphia Investment Opportunity. Discover a lucrative investment property nestled in the heart of Philadelphia's most coveted neighborhood. This exceptional 4-unit property, comprised of two buildings, offers a unique blend of commercial and residential spaces. Situated in the vibrant South Street corridor, this property has unparalleled access to Philadelphia's finest dining, shopping, and cultural attractions. The commercial space, currently available for lease at $1,600 with a full basement, presents a prime opportunity for various businesses. Two well-maintained residential apartments above 1537 South Street provide a stable rental income stream. Both units feature full kitchens, bathrooms, and hardwood floors. 1536 Rodman a separate building consisting of a one-bedroom unit with a full kitchen, bathroom, outdoor deck, and basement offers flexibility for either rental or owner occupancy. All units have laundry facilities, updated tile bathrooms, and separate utilities for convenience. Walkable Location: Enjoy the convenience of living within walking distance of the Broad Street Subway line, world-class restaurants, and shopping destinations. This property presents an excellent opportunity for both investors and owner-occupants seeking a prime location in Philadelphia. With its strong rental income potential and prime location, this asset is poised to appreciate over time. All information provided is believed to be accurate but is subject to verification. Prospective buyers are encouraged to conduct their due diligence. All showing must send POF before scheduling with tenants' approval.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Baseboard - Electric, Forced Air

Cooling Central A/C, Window Unit(s)

Inclusions 3 Refrigeratos, 3 sets washers & Dryer

Heat Source Natural Gas, Electric

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Lot Description Additional Lot(s)

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871137900

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Paul P Cheng • Keller Williams Realty

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

Tamika R. Johnson

1537 SOUTH ST Philadelphia, PA 19146

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1537 SOUTH ST