$489,000

12-16 S Letitia St #103 & #102

PHILADELPHIA PA, 19106

Description

2 commercial condos available for sale, separate or as a package, in popular Old City! Unit #103 and #102 are both commercial condos in the Blackhorse Condominium building, each offered for sale, price reduced at $489,000, or together for $978,000. Currently leased as AirBnBs. Typically occupied 50% of the time, getting an average of $350/night bringing a return of 8% on investment! These are commercially zoned and can be used for professional space, light retail, and many other commercial uses allowed by CMX3 zoning. The common areas of the building have just been redone, creating an elegant entrance to the building. The brand new common area roof deck is finished and ready for you to enjoy the summer nights on! If you are looking to immerse yourself in city living this is the ULTIMATE location just steps from the El, popular restaurants like world renowned Zahav, and summertime fun spot Spruce Street Harbor Park. A Walk Score of 99, this location can't be beat! Recently price reduced to SELL!

Details

MLS#PAPH807010
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site418

Features

SQ Feet1,316
Units1
ZoningCMX3
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Area Information
StatePA
CityPHILADELPHIA
Zip Code19106
Area19106 (19106)
Listing VS Median (in 19106)
Price:
$489,000
low | high
Med:
$2,625
100% of Average
SqFt:
1,316
low | high
Med:
1,382
44.984802431611% of Average
$ / SqFt:
$372
low | high
Med:
$2
100% of Average
On Site:
418
low | high
Med:
20
100% of Average
Listing Updated: 08/03/2020
Gregory J Damis LogoMLS Number: PAPH807010
Listing Provided By:
Gregory J Damis  of  BHHS Fox Roach-Center City Walnut