3948 LANCASTER AVE new to site

Philadelphia,PA 19104

$ 725000

- Bed

- Bath

2996 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,996 sqft

Price per Sqft $241

MLS Listing ID PAPH2480708

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $6,231

Tax Year 2024

Lot Size 1,995 Sqft

Acres 0.05

Lot Dimensions 21.00 x 95.00

Property Sub-Type Mixed Use

Property Description

40th & Lancaster Ave in Phila mixed use building is in the University City area. This building was renovated from top to bottom in 2020 all permits were pulled.
Being sold with 3946 Lancaster Ave the storefront space has a permitted walk thru to 3946 Lancaster Ave retail space and was recently renovated which opens up additional business oppurtunities. There is a nice backyard outdoor space which also opens up additional business oppurtunities.

There are 2 apartments that are currently rented 1 one-bedroom one bath apartment rents for $1375.00 per month and 1 two-bedroom two bath apartment rents for $1500.00 per month. Both apartments have washers and dryers in them.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871530550

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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