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Welcome to a rare opportunity to own a piece of history in one of Philadelphia's most sought-after neighborhoods! This six-unit historic condo building exudes charm and character, offering a unique blend of historic architecture, modern amenities, and a prime location. Nestled in the vibrant Art Museum area, this property enjoys proximity to world-class museums, iconic landmarks such as the Philadelphia Museum of Art and the Barnes Foundation, trendy restaurants, cafes, and boutique shops. With easy access to public transportation and major highways, residents enjoy the convenience of city living at its finest. Built with timeless elegance, this historic condo building pays homage to its storied past. Each unit within the building offers a unique living experience, with spacious layouts and abundant natural light. Modern conveniences abound, including fully equipped kitchens with stainless steel appliances, cozy living areas, and in-unit washer/dryer for added convenience. This building is more than half occupied , providing an immediate source of rental income for investors or a solution for those seeking to enjoy the benefits of city living. Annual income capacity 120-130K. Also, each unit is deeded separately as a condominium but are currently being rented. Tenants relish in the charm of their individual units while indulging in the vibrant neighborhood atmosphere. The top floor unit presents an exciting opportunity for additional income as an Airbnb rental. With its prime location and well-appointed amenities, this unit offers guests a comfortable retreat in the heart of Philadelphia's cultural hub, making it a lucrative investment opportunity for savvy buyers. Residents of the building enjoy access to a beautiful quaint shared courtyard, perfect for outdoor gatherings, al fresco dining, or simply enjoying a bit of tranquility. Current rental income from the occupied units provides a stable foundation for investors, with the potential for increased revenue through short-term rentals or future appreciation in property value. Schedule your private showing today and discover the timeless allure of this historic condo building in the heart of the Art Museum area. Whether you're seeking an investment opportunity or a place to call home, this property offers the best of Philadelphia living.
| DAYS ON MARKET | 135 | LAST UPDATED | 11/5/2024 |
|---|---|---|---|
| TRACT | ART MUSEUM AREA | YEAR BUILT | 1925 |
| COMMUNITY | 19130 (19130) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Aug 23, '24 | $1,600,000 |
|---|---|
| Aug 23, '24 - Nov 5, '24 | $1,589,999 |
| Nov 5, '24 - Today | $1,500,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19130 (19130) |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas |
| LOT | 436 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | ART MUSEUM AREA |
| TAXES | 21930 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | All units are deeded separately as condos. There is no single tax ID number as all condos have indiv |
MORTGAGE CALCULATOR
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