Homes for sale - 2579 MEMPHIS ST, Philadelphia, PA 19125

Key Details

Sold Price $340,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $213

Subdivision Fishtown

MLS Listing ID PAPH2372138

Sold Date

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,596

Originating Board BRIGHT

Year Built 1875

Annual Tax Amount $3,300

Tax Year 2024

Lot Size 845 Sqft

Acres 0.02

Lot Dimensions 14.00 x 60.00

Property Sub-Type Detached

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 Susie's 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! Property is being sold in as-is condition. Thanks!

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Direction South

Rooms

Basement Full

Main Level Bedrooms 1

Interior

Interior Features Floor Plan - Open,Kitchen - Eat-In

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Vinyl

Equipment Stainless Steel Appliances,Refrigerator

Fireplace N

Appliance Stainless Steel Appliances,Refrigerator

Heat Source Natural Gas

Laundry Dryer In Unit

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Pets Allowed Y

Senior Community No

Tax ID 871541280

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Allowed Case by Case Basis