701 N 63RD ST Philadelphia, PA 19151
4,627 SqFt
UPDATED:
12/17/2024 10:15 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,627 sqft
Price per Sqft $97
MLS Listing ID PAPH2426940
Originating Board BRIGHT
Year Built 1915
Tax Year 2024
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 20.00 x 125.00
Property Description
The highest and best use of this property is 3 residential units and either 1 or 2 commercial units, depending on how you utilize the space.
The main entry way should function as a common space, and can be turned into a foyer or mailroom. This spacious floor has ample room to be used as a commercial space after passing the stairs, which would lead to residential units. This level has a half bath and a large kitchen with an industrial fridge and stove/hood.
The second floor has a separate staircase accessible through the main foyer as well as the rear of the first floor. This floor has 4 rooms and a large bathroom. The third floor has 3 rooms and a full bathroom. The highest and best use is to make both the second and third floors into individual flat apartments.
In the lower level, the fully finished basement has its own private entrance on the side of the building. This space runs the length of the home and has multiple rooms that can be used as offices, a daycare, medical office, educational facilities, retail and much more. It also has a full bathroom.
The highest and best use of this property is to make the first, second and third levels individual flat apartments. The walkout basement level and detached garage could be one business or two separate commercial spaces. The current owner had plans to create 3 residences, a daycare and a salon in the detached garage. As a 4 unit, this would be eligible for conventional renovation loan financing - reach out for more information on this option.
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water & Baseboard - Electric
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Accessibility Kitchen Mod, Level Entry - Main, Other
Total Parking Spaces 3
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881125855
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
Financing Conventional,FHA,VA,Cash
Special Listing Condition Standard
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