2007 N Front St, Philadelphia, PA 19122

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List Price
$680,000
Status
ACTIVE
MLS#
PAPH2678604
Living Area
2,704
Lot Size
1,197
Region
19122 (19122)
Subdivision
Fishtown
Year Built
1875
Acres
0.03

Property Description

INVESTORS, OWNER-OCCUPANTS & MULTIFAMILY BUYERS — OPPORTUNITY AWAITS! Welcome to 2005-2007 N. Front Street, a unique Philadelphia property offering an exciting combination of existing residential units, income-producing potential, and future value-add possibilities. The property is legally zoned CMX-2.5 and currently holds rental licenses for two residential units. The existing residential configuration includes a one-bedroom apartment located in the rear with access from Amber Street, as well as a spacious three-bedroom bi-level apartment occupying the second and third floors. For investors looking to maximize the property's potential, the first-floor portion offers an additional opportunity for future use, including the possibility of a commercial component, subject to applicable zoning, permits, approvals, and Certificate of Occupancy requirements. This creates an attractive opportunity for a buyer looking to combine residential rental income with a potential business or commercial use under one roof. The seller has already taken steps toward the property's continued development and has submitted documentation to the City of Philadelphia, with permits, plans, and approvals available for buyer review. Additional documentation includes current rental licenses, lead inspection documentation/results, and supporting property plans. Whether you're an investor looking to expand your portfolio, an owner-occupant interested in living in one unit while generating income from another, or a buyer searching for a flexible mixed-use opportunity, this property offers multiple avenues to create value. The property is being sold strictly AS-IS, and the new buyer will be responsible for completing any outstanding requirements and obtaining the applicable Certificate of Occupancy and/or final City approvals required for their intended use. Buyer and buyer's agent are responsible for independently verifying zoning, permitted uses, licenses, permits, approvals, square footage, rental potential, and City requirements. Bring your vision, complete the process, and unlock the full potential of 2005–2007 N. Front Street!

Additional Information

Style
Bi-Level, Dwelling with Rental, Other
Foundation
Brick/Mortar
Interior Features
Second Kitchen, Multiple Staircases, Shower Stall, Tub Shower, Breakfast Area, Ceiling Fans, Dining Combo, Dining Combo, Crown Molding, Separate Dining Room, Entry Level Bedroom, Open Floor Plan, Eat-in Kitchen, Recessed Lighting, Den/Library/Office, Upgraded Countertops, Other
Accessibility Features
Two or More Access Exits, Modified Wall Outlets, Swing In Door(s), Main Level Entry, Wheelchair Ramp(s), Wheelchair Accessible, Other
Exterior Features
Awning(s), Lighting, Storage, Sidewalk, Street Lights, Other
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Garage Spaces
1
Water
Public
Basement
Interior Entry, Poured, Shelving, Sump Pump, Other, Workshop
Flooring
Tile, Heavy Duty, Laminate, Other
Roof
Flat
Heating
Forced Air, Electric Baseboard, Wall Furnace, Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Quality Real Estate-Broad St. Contact:

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