$289,000

Estimated payment $1,654/month

Total Views 4,966
-- Bed
-- Bath
3,726 Sq Ft
$78 Price per Sq Ft

Highlights

  • City View
  • 1-minute walk to Lancaster Avenue And 45Th Street
  • 4-minute walk to Clara Muhammad Square
  • Traditional Architecture

About This Home

APPROVED ZONING AND PLANS!!! Located in the desirable commercial district of Lancaster Ave, this property offers a spacious 3,636 sq ft ready for your vision. Whether you're looking to build your business or create residential rental units, this space provides the perfect foundation. Being sold AS-IS, the potential here is undeniable. Triplex with Commercial 1st floor unit. Property Features: First Floor: 1,200 sq ft of commercial space with endless possibilities, including adult care, childcare, community center, medical marijuana dispensary, food & beverage services, retail, financial services, and much more. Second Floor: One 2-bedroom single-family dwelling. Third Floor: Two 1-bedroom single-family dwellings (total of four units). Rental Potential: 1-bedroom units could bring in upwards of $1,200/month. 2-bedroom units could generate $1,500/month or more. Commercial space could nearly double these figures depending on your plans. Location Highlights: Just over 1 mile from Brewerytown and University City. Approximately 2 miles to Center City. Prime location for long-term growth and high demand. This is your chance to invest in a prime property with endless potential.

Listing Agent

Natasha Ocasio

Realty Mark Associates-CC License #RS340647 Listed on: 02/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1920

Lot Details

  • 1,418 Sq Ft Lot
  • Lot Dimensions are 18.00 x 67.00

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,726 Sq Ft Home
  • City Views

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Urban Location

Community Details

  • 4 Units
  • Parkside Subdivision

Listing and Financial Details

  • Tax Lot 573
  • Assessor Parcel Number 871067850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$869

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: APPROVED ZONING AND PLANS!!! Located in the desirable commercial district of Lancaster Ave, this property offers a spacious 3,636 sq ft ready for your vision. Whether you're looking to build your business or create residential rental units, this space provides the perfect foundation. Being sold AS-IS, the potential here is undeniable. Triplex with Commercial 1st floor unit. Property Features: First Floor: 1,200 sq ft of commercial space with endless possibilities, including adult care, childcare, community center, medical marijuana dispensary, food & beverage services, retail, financial services, and much more. Second Floor: One 2-bedroom single-family dwelling. Third Floor: Two 1-bedroom single-family dwellings (total of four units). Rental Potential: 1-bedroom units could bring in upwards of $1,200/month. 2-bedroom units could generate $1,500/month or more. Commercial space could nearly double these figures depending on your plans. Location Highlights: Just over 1 mile from Brewerytown and University City. Approximately 2 miles to Center City. Prime location for long-term growth and high demand. This is your chance to invest in a prime property with endless potential.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Block
  • Total Sq Ft: 3726
  • Living Area Sq Ft: 3726
  • Price Per Sq Ft: 77.56
  • Above Grade Finished Sq Ft: 3726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4434

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: City
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas Available
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1418.00
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 486.00
  • Tax Annual Amount: 869.00
  • Assessor Parcel Number: 871067850
  • Tax Lot: 573
  • Tax Total Finished Sq Ft: 3726
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,898 $103,500 $20,700 $82,800
2024 $1,898 $103,500 $20,700 $82,800
2023 $1,898 $135,600 $27,120 $108,480
2022 $2,289 $135,600 $27,120 $108,480
2021 $2,289 $0 $0 $0
2020 $2,289 $0 $0 $0
2019 $2,266 $0 $0 $0
2018 $2,200 $0 $0 $0
2017 $2,940 $0 $0 $0
2016 $2,940 $0 $0 $0
2015 $2,814 $0 $0 $0
2014 -- $210,000 $21,300 $188,700
2012 -- $4,160 $1,473 $2,687
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $289,000 -3.3% $78 / Sq Ft
04/29/2025 04/29/25 Price Changed $299,000 -5.1% $80 / Sq Ft
04/08/2025 04/08/25 Price Changed $315,000 -3.1% $85 / Sq Ft
03/14/2025 03/14/25 Price Changed $325,000 -1.5% $87 / Sq Ft
02/27/2025 02/27/25 For Sale $330,000 -- $89 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $53,000 None Available
Deed -- None Available
Quit Claim Deed $13,020 None Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2450552

Bright MLS

APN: 871067850