$350,000
Active
3 Days Online
2 Beds1 Bath1,596 SQFT
Active

2579 Memphis Street Philadelphia, PA 19125

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Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit “neighborhood-y” pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot… there is nothing incredibly close coffee-wise right now - although we DO love Little Susie’s Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details! Property is being sold in as-is condition. Thanks!

  • Property TypeSingle Family Home
  • NeighborhoodFishtown
  • CountyPhiladelphia
  • Taxes$3,300
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2372138
  • Home Size Source Assessor
  • Year Built1875
  • Lot Size0.02 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Parking On Street
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories 2
  • Acreage 0.02
  • Water Public
  • Cross Street Huntington
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Foundation Block
  • Zoning RSA5
  • Direction Faces South

Interior Features

  • Cooling Central A/ CNatural Gas
  • Heating CentralNatural Gas
  • Appliances Stainless Steel AppliancesRefrigerator
  • Flooring Vinyl
  • Interior Floor Plan - OpenKitchen - Eat-In
  • Laundry Features Dryer In Unit
  • Fireplace No

Exterior Features

  • Roof Flat
  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • MLS Area 19125 (19125)

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,822
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