Maurice Ruane - Coldwell Banker Hearthside
844 N Broad St
PHILADELPHIA, PA 19130

$1,450,000

Description

This MASSIVE building of SIX UNITS (one shop and five apartments) is at a PRIME LOCATION near the intersection of Broad St. and Girard Ave where the newly opened THE MET is located. This property offers unbelievable POTENTIAL due to its location, CMX4 zoning, and LARGE EMPTY SPACE in the rear. This HUGE LOT extends all the way from Broad St. to Carlisle St. Next door properties have built on the back part of their lots. In addition to the shop, the property includes the following five apartments: One 4-Bed, three 2-Bed, one 1-Bed. Give this property a front facelift and make this gem shine again. All five apartments and exterior back brick wall were renovated in recent years. New kitchens with dishwashers (except in the 1-Bed Apt.), bathrooms, tiled floors, separate HVAC systems, intercom, etc. The building has a common laundry area on the main floor. Separate meters exist in the large full basement. The store front is on Broad St. The building is steps away from the Subway station, THE MET, two blocks away from the newly rehabbed Devine Lorraine Hotel, few blocks from City Hall, and walking distance to Temple University. It is a great investment the way it is currently setup, and offers so much more potential for additional growth to be explored and developed by its new owner. It is critical to know the value of the zoning CMX4 on this hot location on Broad St.

Details

MLS#PAPH362278
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site4

Features

SQ Feet4,891
Story(s)0
ZoningCMX4

Market Activity 19130

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19130
Area19130 (19130)
Listing VS Median (in 19130)
Price:
$1,450,000
low | high
Med:
$139,000
100% of Average
SqFt:
4,891
low | high
Med:
589
100% of Average
$ / SqFt:
$296
low | high
Med:
$236
70.397049353082% of Average
On Site:
4
low | high
Med:
117
3.418803418803% of Average
Listing Updated: 12/09/2018
MLS Number: PAPH362278
Listing Provided By:
Tony Salloum  of  Keller Williams Philly

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