Philadelphia, PA 19120,125 W CHEW AVE
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Philadelphia, PA 19120,125 W CHEW AVE
Philadelphia, PA 19120,125 W CHEW AVE
Philadelphia, PA 19120,125 W CHEW AVE
Philadelphia, PA 19120,125 W CHEW AVE

$256,900

Est. payment /mo

$249,900

2.8%
Est.Price: ?

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125 W CHEW AVE Philadelphia, PA 19120

3 Beds

2 Baths

1,904 SqFt

SOLD DATE : 02/05/2024

Key Details

Sold Price $256,900

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,904 sqft

Price per Sqft $134

Subdivision Olney

MLS Listing ID PAPH2235868

Sold Date 02/05/24

Style Back-to-Back

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,904

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $2,117

Tax Year 2022

Lot Size 1,600 Sqft

Acres 0.04

Lot Dimensions 17.00 x 97.00

Property Description

Centrally located in Northeast Philadelphia, this 1,904sqft property offers a multitude of possibilities for business owners seeking a storefront and a residence, close to the shopping center and groceries. Divided as a duplex, but zoning is RSA5 (single-family). The renovated 2nd level residence impresses with an openly flowing layout, soft natural light, beautiful faux wood flooring, modern paint hues, spacious living room, chic full bathroom, large bedrooms, and an open concept kitchen featuring stainless-steel appliances. Fashioned as a storefront, the lower-level may be utilized as a shop or even a fashionable salon. Boasting a potential annual net income of $40,000 with a cap rate of 8%, this affords a rare and potentially profitable opportunity for a seasoned investor. Please note, the back cottage (separate entrance) is occupied by a squatter, and seller is in the eviction process, expected to be done by the end of June. The property was divided into a duplex; however zoning is RSA5, single family. The previous owner did variance in 1975 and operated Child Care before. Seize the moment, and call now to schedule a private showing!

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RSA5

Rooms

Basement Unfinished

Main Level Bedrooms 3

Interior

Hot Water 60+ Gallon Tank

Heating Heat Pump(s)

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Back-to-Back

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 871582590

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing FHA

Listing Terms FHA

Financing FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Anastasia Tran • KW Empower
Bought with Meriles Joseph • Long & Foster Real Estate, Inc.

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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