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Key Details
Sold Price $260,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,522 sqft
Price per Sqft $103
Subdivision East Kensington
MLS Listing ID PAPH2039578
Sold Date 05/03/22
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,673
Tax Year 2021
Lot Size 1,500 Sqft
Acres 0.03
Lot Dimensions 15.00 x 100.00
Property Description
Are you a savvy investor looking for your next quick project? Bring your vision to 2431 Kensington Ave as this is the perfect opportunity complete the rehab and turn this building into a cash flowing property. The first floor is a huge commercial space with backyard space and basement access for storage. Commercial rents in the area average $1500 and up. The second floor is laid out as a 2 bedroom 2 bath with a rear deck. Rents in the area average $1800-$2,000. Do the math and dont miss your chance to own a piece of this rapidly developing neighborhood!
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2.
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871141650
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Edward L Robinson • Keller Williams Philadelphia
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327