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    505 S 22ND Street

    PHILADELPHIA, PA 19146
    • $624,999
    • STATUS: Pending
    • ON SITE: 20 days
    • ID#: PAPH934004
    Pending
    $624,999
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $312
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Behold, the rare value-add real estate opportunity in the highly coveted Graduate Hospital/Fitler Square section of Philadelphia, Pennsylvania. With approximately 2000 SF of well built space, The Property is ideal for a duplex or single family residence conversion. It's currently set up as a therapist's office with multiple rooms on each floor. The reconstruction of The Property is highly feasible, with an optimal floorplan and plumbing stack already laid out. The Property is zoned RSA5 but configured as a duplex, with 1 unit occupying the 1st floor and finished lower level. The upper unit takes the 2nd and 3rd floors. Lush rear gardens off the 1st floor, and balconies off the 2nd and 3rd floors for private outdoor space on every level. This location is as good as it gets in Philly, straddling 2 of the most desirable residential areas and within a short stroll of Rittenhouse Square and downtown Philly. Also ideal for commuters coming from University City across the South Street Bridge just a few blocks away. Starbucks across the street, Wawa and CVS on the corner. Some of the city's best bars, restaurants, cafes, grocers, shops and parks within a few paces of the front door. Dog park and waterfront easily accessible. The Building is in top condition, under the stewardship of the same Owner for years. And it is a turnkey commercial office building if that's the desired use, with an active variance for the commercial office. However, given the size and location, the best and highest use is a conversion. This is a rare opportunity to flip a house or create an income producing multifamily duplex in between Lombard and South Streets in 19146 and it will not last long, so MAKE YOUR MOVE!

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    ©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: 2020-09-30T23:50:30.41.
    www.mcre.com/homes/109883793
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    505 S 22ND Street PHILADELPHIA, PA 19146

    • Price: $624,999
    • Status: Pending
    • ID#: PAPH934004
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    2,000
    SQFT
    $312
    $/SQFT
    1920
    Built
    Neighborhood:
    Fitler Square
    County:
    Philadelphia
    Area:
    19146 (19146)
    School District:
    The School District Of Philadelphia
    Property Description
    Behold, the rare value-add real estate opportunity in the highly coveted Graduate Hospital/Fitler Square section of Philadelphia, Pennsylvania. With approximately 2000 SF of well built space, The Property is ideal for a duplex or single family residence conversion. It's currently set up as a therapist's office with multiple rooms on each floor. The reconstruction of The Property is highly feasible, with an optimal floorplan and plumbing stack already laid out. The Property is zoned RSA5 but configured as a duplex, with 1 unit occupying the 1st floor and finished lower level. The upper unit takes the 2nd and 3rd floors. Lush rear gardens off the 1st floor, and balconies off the 2nd and 3rd floors for private outdoor space on every level. This location is as good as it gets in Philly, straddling 2 of the most desirable residential areas and within a short stroll of Rittenhouse Square and downtown Philly. Also ideal for commuters coming from University City across the South Street Bridge just a few blocks away. Starbucks across the street, Wawa and CVS on the corner. Some of the city's best bars, restaurants, cafes, grocers, shops and parks within a few paces of the front door. Dog park and waterfront easily accessible. The Building is in top condition, under the stewardship of the same Owner for years. And it is a turnkey commercial office building if that's the desired use, with an active variance for the commercial office. However, given the size and location, the best and highest use is a conversion. This is a rare opportunity to flip a house or create an income producing multifamily duplex in between Lombard and South Streets in 19146 and it will not last long, so MAKE YOUR MOVE!
    Exterior Features

    Architectural Style Contemporary Construction Materials Masonry Garage YN No Location Type Downtown Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No View City Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2000 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-Split Fireplace YN Yes Fireplaces Total 2 Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 304290358794 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Sale Type Standard Sewer Public SewerPublic Septic Structure Design Type Interior Row/Townhouse Tax Annual Amount 7815.00 Tax Assessment Amount 558300.00 Tax Lot 136 Vacation Rental YN No Water Source Public Zoning Rsa5

    Listing courtesy of Compass Pennsylvania, Llc.


    ©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: 2020-09-30T23:50:30.41.
     
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