$262,500
$295,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
1,050 Sqft Lot
SOLD DATE : 11/30/2016
Key Details
Sold Price $262,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Pennsport
MLS Listing ID 1002468718
Sold Date 11/30/16
HOA Y/N N
Originating Board TREND
Year Built 1988
Annual Tax Amount $3,465
Tax Year 2016
Lot Size 1,050 Sqft
Acres 0.02
Lot Dimensions 15X70
Property Description
This investment opportunity is located on the northeast corner of the Pennsport Mall. Pennsport is currently known for it's rapidly increasing desirability to live and thriving residential rental market. The Pennsport Mall, is a local commercial fixture centrally located in the area by the corner of Moore Street & Moyamensing Ave. Ownership in the mall, which is currently home to many businesses and families, offers 2 parking spaces for each unit and an adequately funded yet stable condo association which offers their owners peace of mind and ease of ownership. This investment opportunity at 220 Moore Street offers the purchasor the largest office unit between the ground floor and basement, in the Mall, currently rented with another year and a half on it's lease. The upper floors are home to one recently remodeled 3 Bedroom 2.5 bathroom residence with a reliable tenant on a year to year lease. The purchasor of this property has the ability to use this investment as an income-producing opportunity, an opportunity to have a home/office setup, or possibly convert the office space to a residential use and enjoy a large residential footprint at a great value. This property can be packaged with 222 Moore Street MLS: 6844151.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CA1
Direction South
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet, Vinyl, Laminated
Fireplace N
Exterior
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Paneled Walls,Other,Masonry
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871500970
Ownership Condominium
Acceptable Financing Conventional, Other
Listing Terms Conventional, Other
Financing Conventional,Other
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Bought with Torey D Howarth • Keller Williams Philadelphia
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