Skip To Content

2579 Memphis Street

PHILADELPHIA, PA 19125
  • $350,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: PAPH2372138
$350,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,596
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1875
County:

School Ratings & Info

Description

Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit neighborhood-y pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot there is nothing incredibly close coffee-wise right now - although we DO love Little Susies Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details!

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-16T00:00:07.117.
www.jimbassgroup.com/homes/152219250
Print Image

2579 Memphis Street PHILADELPHIA, PA 19125

  • Price: $350,000
  • Status: Active
  • On Site: 14 Days
  • ID#: PAPH2372138
2
Beds
1
Baths
0
½ Baths
0.02
Acres
1,596
SQFT
$219
$/SQFT
1875
Built
Neighborhood:
Fishtown
County:
Philadelphia
Area:
19125 (19125)
School District:
The School District Of Philadelphia
Property Description
Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit neighborhood-y pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot there is nothing incredibly close coffee-wise right now - although we DO love Little Susies Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details!
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1596 Appliances Stainless Steel AppliancesRefrigerator Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Vinyl Heating Central Heating YN Yes Interior Features Floor Plan - OpenKitchen - Eat-In Laundry Type Dryer In Unit Levels 2 Main Level Bedrooms 1 Pets Allowed Case by Case Basis Spa YN No Upper Level1 Bedrooms 1

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Cross Street Huntington Electric 150 Amps Federal Flood Zone YN No Foundation Details Block Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 803188750062 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 3300.00 Tax Lot 66 Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-16T00:00:07.117.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803188750062-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803188750062-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803188750062-2.jpg
Logo
Jim Bass Group, Real Estate Teams, LLC
617 W Patrick St
Frederick MD, 21701