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$1,962,500
$1,962,500
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1706 LOCUST ST Philadelphia, PA 19103
1,936 Sqft Lot
Key Details
Sold Price $1,962,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Rittenhouse Square
MLS Listing ID 1002372692
Sold Date 03/30/16
HOA Y/N N
Originating Board TREND
Year Built 1916
Annual Tax Amount $17,553
Tax Year 2016
Lot Size 1,936 Sqft
Acres 0.04
Lot Dimensions 20X90
Property Description
Once in a lifetime, Rittenhouse Square opportunity for the savy investor located block from Rittenhouse Square. Commercial space is located on the first floor and has access to the basement. Year 3 of 10 year NNN lease with two 5 year options. NOI 100,000+/-. The recently renovated apartment upstairs take up 3 level (2nd/3rd/4th floors) that features 3 beds, 3 baths, high end finishes, washer/dryer, two living and dining areas, full kitchen and much, much more!
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX3
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871072900
Ownership Fee Simple
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Bought with Franz J Rabauer • Plumer & Associates Inc