2232 LOCUST STREET

PHILADELPHIA, PA, 19103

$1,950,000

$1,950,000
Pending
Pending
 - For Sale
property_type
Commercial
calendar
Built 1900
This is a gorgeous, Historically Designated, SIX (6) Apartment property, in a fabulous location, It commands an entire block along 23rd Street (100' of Frontage), between Locust and Latimer Streets. This is a great investment. It was last available in 1983! Do not miss this opportunity to be the new owner. The Rents are currently below market, but all leases have the possibility for termination or change in < a year. NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner / heir and the Property Manager hold PA. REAL ESTATE LICENSE. 3. A Rent Roll is available. Request it via E-mail to the Listing Agent. Verify it is current before making an offer, &/or require it and Leases with your Purchase Offer. 4. Note most Leases expire 7/31/2022, and most have a 90-day Notice period, with automatic one-year Renewal in the absence of Notice 5. There is the possibility to combine this listing with up to 9 additional Investment Properties, all located between 3rd Street and 23rd and between Lombard and Locust Streets.. It is a package that took FIVE decades to acquire. E-mail the Listing Agent for a complete list and details. 6. The Owner will consider a Buyer's 1031 Tax Free Exchange. 7. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines before being given access to any occupied units. 7. Same day showing of any vacant units and the basements are available through ShowingTime.
MLS® ID:
PAPH2085980
Updated:
9/26/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Forced Air

Exterior/Building Features

Lot Size
1,485 ft² lot
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
High School
SOUTH PHILADELPHIA
Middle/Jr High
ALBERT M. GREENFIELD ELEMENTARY SCHOOL
Elementary School
ALBERT M. GREENFIELD

Other Property Details

Area Name
19103 (19103)
Taxes
$16030.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PHILADELPHIA
Water Source
Public
Pool
No
Total Stories
3
Zoning
RM1

Property History

Date
Event
Price
Value
9/3/22
Pending
-
-
6/24/22
Active Under Contract
-
-
4/9/22
Price Change
$1,950,000
-7%
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