$155,000
$175,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
1026-28 BELMONT AVE Philadelphia, PA 19104
2,280 Sqft Lot
Key Details
Sold Price $155,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision University City
MLS Listing ID 1002448092
Sold Date 11/15/16
HOA Y/N N
Originating Board TREND
Year Built 1915
Annual Tax Amount $3,377
Tax Year 2016
Lot Size 2,280 Sqft
Acres 0.05
Lot Dimensions 30X76
Property Description
Development Opportunity : University City Firehouse : Rare Large 6,600 SF 30'x76' three story masonry shell is being offered for sale 'AS IS, WHERE IS'. Residential Model: Each floor can easily be set up as two large 2-BDR residential apartments. Ceiling height First Floor: 14.5' Second: 12.5' Third Floor: Sloping flat roof from 15' Front to 8' Back, Full Basement with central arched brick spine and 8' Barrel vaulted ceiling. Existing water/sewage/electric connections. Nearby senior housing. Good traffic counts. Good public transportation. Easy Access to Univ City, Parkside, Mainline and I-76. Eligible for a 10 Year Tax Abatement. Poised for 'Value Added' equity while generating a robust annual return (Pro-Forma). Value Priced To Develop: Residential, yet mixed-use for a contractor, professional, medical, organization facility appears to have merit. Built in 1895 this property has recently been nominated to be included in the Philadelphia Register of Historic Places because of its handsome, ornamented Italian Renaissance Revival architectural facade. Serious Inquiries. A jewel in the rough. Bring your ideas and make it yours!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Direction East
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available
Water Access N
Roof Type Flat,Pitched
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 062343200
Ownership Fee Simple
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Bought with Charles Balducci • Keller Williams Philadelphia
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