Skip To Content
    Return to Previous Page

    159 N 21ST Street

    PHILADELPHIA, PA 19103
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 151 days
    • ID#: PAPH888268
    Under Contract
    UPDATED: 44 min ago
    $1,150,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own this 5 unit building in a prime Philadelphia location within walking distance to many major attractions. These opportunities are few and far between. This turn of the 20th century all brick 3 story building has a stellar occupancy history and is a complete turn-key opportunity for the discerning investor. The property features a stately double door entry into a nice sized foyer with secure & private mailboxes. Step into the large common area which features brand new commercial grade carpeting, thick custom carved handrail and freshly painted hall & stairwell. Access to the common basement with coin operated laundry as well. The first floor features 1 open studio style apartment with lofted bedroom and hardwood flooring. The 2nd unit on the 1st floor is a large bi-level unit with a 4 piece bathroom, lower level bedroom and private access to the rear patio/yard. The 2nd floor features 2, 1 bedroom apartments each with good sized bedrooms and full kitchens open to the living rooms. The 3rd floor is the gem. This unit is a 2 story, 2 bedroom unit with huge eat-in kitchen, large living room and a new, private Trex style roof deck with amazing panoramic city views. The property is steps from the Franklin institute, 1 block from Logan Circle and around the corner from the historic Philadelphia art museum. Easy access to major highways like I-76 and I-95, and just 3 turns off 676 and the Ben Franklin Parkway exit. This property has all separate utilities paid by the tenants, excluding water, and extra income from the coin operated washer/dryer. Fire system and extinguishers are recently certified and there are 3 newer hot water heaters. Exceptional investment opportunity in an amazing location.

    Monthly Payment Calculator



    ©2020 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 Murray & Co. Real Estate. 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: 2020-09-30T19:51:16.81.
    www.mcre.com/homes/105455792
    Print Image

    159 N 21ST Street PHILADELPHIA, PA 19103

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • ID#: PAPH888268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1900
    Built
    Neighborhood:
    Logan Square
    County:
    Philadelphia
    Area:
    19103 (19103)
    School District:
    The School District Of Philadelphia
    Property Description
    Amazing opportunity to own this 5 unit building in a prime Philadelphia location within walking distance to many major attractions. These opportunities are few and far between. This turn of the 20th century all brick 3 story building has a stellar occupancy history and is a complete turn-key opportunity for the discerning investor. The property features a stately double door entry into a nice sized foyer with secure & private mailboxes. Step into the large common area which features brand new commercial grade carpeting, thick custom carved handrail and freshly painted hall & stairwell. Access to the common basement with coin operated laundry as well. The first floor features 1 open studio style apartment with lofted bedroom and hardwood flooring. The 2nd unit on the 1st floor is a large bi-level unit with a 4 piece bathroom, lower level bedroom and private access to the rear patio/yard. The 2nd floor features 2, 1 bedroom apartments each with good sized bedrooms and full kitchens open to the living rooms. The 3rd floor is the gem. This unit is a 2 story, 2 bedroom unit with huge eat-in kitchen, large living room and a new, private Trex style roof deck with amazing panoramic city views. The property is steps from the Franklin institute, 1 block from Logan Circle and around the corner from the historic Philadelphia art museum. Easy access to major highways like I-76 and I-95, and just 3 turns off 676 and the Ben Franklin Parkway exit. This property has all separate utilities paid by the tenants, excluding water, and extra income from the coin operated washer/dryer. Fire system and extinguishers are recently certified and there are 3 newer hot water heaters. Exceptional investment opportunity in an amazing location.
    Exterior Features

    Construction Materials Masonry Door Features Double Entry Garage YN No Location Type Downtown Parking Types Other Property Condition Good Riparian Rights YN No View CityPanoramic Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 3094.00 Cooling Ceiling Fan(S)Central A/C Exclusions Tenants Personal Property. Heating Baseboard - Hot WaterForced Air Heating YN Yes Inclusions Coin Operated Washer & Dryer in The Basement. Net Square Feet 3800.00

    Property Features

    Accessibility Features None Annual Gross Expense 18076.00 Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street Race Street Electric Expense 504.00 Foundation Details Stone Gross Income 71400.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural GasMulti-Tank Incorporated City Name Philadelphia Insurance Expense 3967.00 Maintenance Expense 1204.00 Navigable Water YN N Net Operating Income 53324.00 New Construction YN No Number Of Units Total 5 Operating Expense 6846.00 Operating Expense Includes InsuranceAdvertisingElectricRepair/MaintenanceSewerSnow RemovalTrashWater Original MLSNumber 304092306799 Other Expense 1440.00 Owner Pays Common Area MaintenanceAdvertising/Licenses And PermitsInsuranceSewerSewer MaintenanceTaxes - Real EstateWaterSnow Removal Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 11455.00 Tax Assessment Amount 818300.00 Tax Lot 255 Total Actual Rent 70500.00 Trash Expense 575.00 Vacation Rental YN No Water Source Public Zoning Rm1

    Listing courtesy of Exceed Realty.


    ©2020 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 Murray & Co. Real Estate. 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: 2020-09-30T19:51:16.81.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304092306799-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304092306799-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304092306799-2.jpg
    Logo
    Murray & Co. Real Estate
    123 Main Street
    Frederick MD, 12345