NOT LISTED FOR SALE
-- Bed
-- Bath
20,060 Sq Ft
0.63 Acres

Last Sold April 29, 2014

Last sale price $1,160,000 $58 Per Sq Ft

93 Days on Market

Highlights

  • 0.63 Acre Lot
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA
  • Central Air

About This Home

As of April 2014

This is an excellent opportunity to buy a package of three (3) properties with great income producing potential for 1,160,000. Two (2) of the properties, 3543 Welsh (duplex) and 3545 Welsh (mixed use) can be bought for 549,000. 3515-3521 Welsh is a 20,000 SF former catering/banquet hall with a separate restaurant and bar area. This building has 2 separate front entrances so it can be divisible for different uses if desired. 3543 Welsh is a vacant 1,600 SF, two (2) story duplex with tow (2) one (1) bedroom units, on a lot measuring 40 ft x 84 ft. 3545 Welsh is a vacant 1,920 SF, former restaurant with a 2 bedroom apartment above on a lot measuring 44 ft x 112 ft., along with a detached parking garage. Prime location on Welsh Road right off the Frankford Avenue business corridor close to I-95. Property is being sold in as-is condition.

Last Agent to Sell the Property

Richard Astrella

Addison Real Estate Company Inc License #AB069580 Listed on: 01/08/2014

Last Buyer's Agent

Richard Astrella

Addison Real Estate Company Inc License #AB069580 Listed on: 01/08/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 190x150

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 20,060 Sq Ft Home
  • Partial Basement

Parking

  • Private Parking
  • On-Street Parking

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 882928665

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $68,041

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2007
  • Remarks Public: This is an excellent opportunity to buy a package of three (3) properties with great income producing potential for 1,160,000. Two (2) of the properties, 3543 Welsh (duplex) and 3545 Welsh (mixed use) can be bought for 549,000. 3515-3521 Welsh is a 20,000 SF former catering/banquet hall with a separate restaurant and bar area. This building has 2 separate front entrances so it can be divisible for different uses if desired. 3543 Welsh is a vacant 1,600 SF, two (2) story duplex with tow (2) one (1) bedroom units, on a lot measuring 40 ft x 84 ft. 3545 Welsh is a vacant 1,920 SF, former restaurant with a 2 bedroom apartment above on a lot measuring 44 ft x 112 ft., along with a detached parking garage. Prime location on Welsh Road right off the Frankford Avenue business corridor close to I-95. Property is being sold in as-is condition.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 20060
  • Living Area Sq Ft: 20060
  • Price Per Sq Ft: 27.41
  • Above Grade Finished Sq Ft: 20060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3515-21

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street, Private
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 4664700.00
  • Land Assessed Value: 413000.00
  • Land Use Code: IB1
  • Lot Size Acres: 0.63
  • Lot Dimensions: 190X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27534.00
  • Zoning: C7

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1360463
  • Tax Annual Amount: 68041.00
  • Assessor Parcel Number: 882928665
  • Tax Lot: 341
  • Tax Year: 2014
  • Close Date: 04/29/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $1,160,000 0.0% $58 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $1,160,000 -- $58 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002778530

Bright MLS