Address
2362 N Front Street, Philadelphia, PA
Price
$ 649,000
Property Attributes
- MLS#PAPH2289944
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19133
- NeighborhoodWest Kensington
- Zip19133
- Style
- Price$ 649,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3000
Data Source:
Bright MLS
Property Description
Introducing a unique real estate opportunity in the vibrant neighborhood of West Kensington, right at the intersection where the Market Frankford Line gracefully diverges from Front Street. This property offers a triplex layout with a remarkable proposition for owner-occupants who envision having their own commercial space below and enjoying rental income from the units above. 1st Floor Commercial Space - Vacant and Full of Potential: The first floor of this versatile triplex is a spacious, clean slate, awaiting your creative vision. This commercial space is currently vacant, presenting the perfect opportunity for an enterprising owner-occupant to establish their own office or retail venture. With its prominent location on a bustling street, you'll benefit from ample foot traffic and excellent street exposure on Front Street and Kensington Avenue, enhancing your business prospects. Upstairs: Two Distinct 2-Bedroom, 2-Bathroom Apartments: Ascend the stairs, and you'll find two well-appointed 2-bedroom, 2-bathroom apartments. These comfortable living spaces have been designed to cater to the modern tenant's needs, ensuring both convenience and style. One of these apartments is already rented, guaranteeing immediate rental income, while the other is currently listed and ready for a new tenant, ensuring a steady revenue stream. A Prime Location in West Kensington: Situated at the intersection of Front Street and Kensington Avenue, this property enjoys a prime location within West Kensington, a neighborhood known for its eclectic mix of culture and creativity. The bustling streets provide a dynamic backdrop for your commercial venture and offer unparalleled visibility to your potential customers. With easy access to public transportation, including the Market Frankford Line, commuting is a breeze, making it a sought-after spot for both residents and business owners. In summary, this triplex in West Kensington presents a unique opportunity for owner-occupants seeking a commercial space with rented units above. With a vacant first-floor space awaiting customization, two attractive apartments, and a prime location that guarantees street exposure, this property offers a blend of income potential and personal investment. Don't miss the chance to make this your next real estate venture in this thriving and evolving community.
| Price History | |
|---|---|
| 10/20/2023 | Listed $649,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | CMX-2 |
| Construction Materials | Brick |
| Year Built | 1925 |
| Property SubType | Mixed Use |
| Tax Year | 1900 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Other |
| Accessibility | No Stairs |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | WEST KENSINGTON |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Located where the El turns |
| ModificationTimestamp | 2023-10-20T14:37:15 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 3 |
| MLS Area | 19133 (19133) |
| Lot Size Square Feet | 0.00 |
| Tax Assessed Value | 0.0 |
| Waterfront Y/N | No |
| Street Name | N FRONT STREET |
| Tax Annual Amount | 0.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 216.33 |
| Vacation Rental Y/N | No |
| Days on Market | 194 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Foundation Details | Other |
| Water View Y/N | No |
| Building Area Total | 3000.00 |
| Lot Size Acres | 0.00 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19133
Price
Visits
Year Built
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