NOT LISTED FOR SALE

Estimated Value: $463,352

-- Bed
-- Bath
1,260 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $449,500 $357 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,818/month

183 Days on Market

Highlights

  • Straight Thru Architecture
  • 1-minute walk to Girard (Mfl)
  • 5-minute walk to Piazza Dog Park
  • Forced Air Heating System

About This Home

As of February 2024

Calling all savvy investors, developers and entrepreneurs! This well-established, fully turnkey medical supply business and the commercial mixed use space in which it is located is now for sale. Located in Northern Liberties - one of Philadelphia’s most desirable and finest neighborhoods - this business and property sale offers the opportunity of a lifetime for those looking. The business for sale is a medical supply business, fully owned and operated for over 40 years, and truly provides everything a new prospective owner may be looking for. With strong relationships with multiple physicians local to the area, a stable and supportive customer base, and the ability to accept multiple different insurances in network as the business is current on all major licenses, all the hard work is already taken care of. By valuing this package deal where it stands currently, the potential to make this a true steal is even greater. Historically grossing over 700K a year, under new ownership, this number could improve substantially more. By increasing the number of staff members, improving equipment distribution, and ensuring maximal efficiency receiving insurance authorizations, income YoY should increase drastically. Perhaps best of all, this business is being packaged together with the physical property it is located within. The property is zoned commercial mixed use, which allows for you to run the business out of the first floor while simultaneously renting the second floor as a residential unit. The second floor is currently set up as a two bedroom, one bathroom space, which, with proper updating, can be rented for over $1800/month. This is perfect to help reduce expenses and improve your bottom line. Located in the heart of Northern Liberties right on Girard Avenue, you’ll be acquiring a tremendous asset that will continue to appreciate, all to go with your turnkey, cash flowing business. So what’s the wait? Call now before this fantastic, once in a lifetime opportunity passes you by!

Last Agent to Sell the Property

Ryan Tagliamonte

Century 21 Veterans-Newtown License #355742 Listed on: 06/29/2023

Century 21 Veterans-Newtown

Co-Listed By

John Katein

Century 21 Veterans-Newtown

Last Buyer's Agent

Kimberly Chadwick

Keller Williams Realty Group License #RS331658

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1920

Lot Details

  • 714 Sq Ft Lot
  • Lot Dimensions are 14.00 x 51.00

Parking

  • On-Street Parking

Home Design

  • 1,260 Sq Ft Home
  • Straight Thru Architecture
  • Masonry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • 2 Units
  • Northern Liberties Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 871524230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: All equipment, inventory, belongings in the property
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 515.79
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 51.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 714.00
  • Year Assessed: 2023
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1960.00
  • Tax Annual Amount: 3573.00
  • Assessor Parcel Number: 871524230
  • Tax Lot: 89
  • Tax Total Finished Sq Ft: 1260
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/01/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Mar 1, 2024
Sold by
Rosenblum Fredric S
Bought by
Performance Bio Holdings Llc
Seller's Agent
Ryan Tagliamonte
Century 21 Veterans-Newtown
Buyer's Agent
Kimberly Chadwick
Keller Williams Realty Group
List Price
$649,900
Sold Price
$449,500
Premium/Discount to List
-$200,400
-30.84%
Views
86
Current Estimated Value
$463,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,852
Avg. Annual Appreciation
1.94%
Original Mortgage
$182,000
Outstanding Balance
$179,133
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$284,219

Purchase Details

Closed on
Aug 31, 1986
Bought by
Rosenblum Fredric S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Performance Bio Holdings Llc $449,500 None Listed On Document
Rosenblum Fredric S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Performance Bio Holdings Llc $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $449,500 -30.8% $357 / Sq Ft
06/29/2023 06/29/23 For Sale $649,900 -- $516 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,574 $238,700 $47,740 $190,960
2024 $3,574 $238,700 $47,740 $190,960
2023 $3,574 $255,300 $51,060 $204,240
2022 $3,574 $255,300 $51,060 $204,240
2021 $2,179 $0 $0 $0
2020 $2,179 $0 $0 $0
2019 $2,158 $0 $0 $0
2018 $2,097 $0 $0 $0
2017 $1,755 $0 $0 $0
2016 $1,738 $0 $0 $0
2015 $1,680 $0 $0 $0
2014 -- $125,400 $5,692 $119,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2252952

Bright MLS

APN: 871524230