Philadelphia, PA 19106,113-15 ARCH ST

$2,725,000

Est. payment /mo

$2,800,000

2.7%
Est.Price: ?

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113-15 ARCH ST Philadelphia, PA 19106

6,122 Sqft Lot

SOLD DATE : 08/15/2016

Key Details

Sold Price $2,725,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Old City

MLS Listing ID 1002733260

Sold Date 08/15/16

HOA Y/N N

Originating Board TREND

Year Built 1915

Annual Tax Amount $40,110

Tax Year 2016

Lot Size 6,122 Sqft

Acres 0.14

Lot Dimensions 48X102

Property Description

ZONING, PLANS AND PERMITS in place for 19 units - just show up and start work. Property is currently demoed and cleaned, ready for work to begin. 19 Unit Old City Development Opportunity! The property is centrally located at 113-15 Arch St. in Old City Philadelphia (Center City). The property measures approx. usable 22,435 square feet. Lot size is 48x100, total land is 4,876 SF and zoning is CMX-3. The subject property is conveniently located near public transport such as 2nd Street Station at Market St as well as the I-95 and I-676. The property is near various historic landmarks such as Independence Hall. Reach out to listing agent for pro forma or with any questions. ARV is 6-7mil as 19 unit rental building and income is 400k+.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881007480

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
Bought with Bruno R Pouget • Coldwell Banker Realty

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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