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Alee Heidar

alee.heidar@engelvoelkers.com +1(206) 966-1792

$ 850,000

Est. payment -/mo

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Active

2311 CHRISTIAN ST Philadelphia, PA 19146

1,872 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $454

MLS Listing ID PAPH2460718

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $6,383

Tax Year 2024

Lot Size 1,117 Sqft

Acres 0.03

Lot Dimensions 15.00 x 74.00

Property Sub-Type Five Or More Units

Property Description

5-unit apartment building located in the highly sought-after Graduate Hospital area. Long-term tenants in place, all currently paying below-market rents with leases that are currently up for yearly renewal. The first-floor front unit features beautifully exposed brick wall, a modern kitchen, and a ceramic tile bath. The first-floor rear unit has a new kitchen and bath, along with a private rear yard. The second-floor front unit has potential for upgrades, while the second-floor rear unit is a charming studio with a modern kitchen and ceramic tile bath. The third-floor apartment is a bright and sunny studio recently updated with new flooring and wainscoting in the kitchen. The basement is fully cemented with stuccoed walls and coin-operated washer and dryer facilities. Separate utilities for heating, cooking, hot water, and electric, with the owner responsible only for cold water. Cap rate of 5.4%.

87/100
Walk Score®
Very Walkable

99/100
Bike Score®
Biker's Paradise

73/100
Transit Score®
Excellent Transit

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s), Wall Unit

Flooring Engineered Wood, Ceramic Tile

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881111875

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Richard B Moore • Best City Homes Inc

Alee Heidar

Principal Broker | License ID: 126102

+1(206) 966-1792

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