Philadelphia, PA 19107,1232 SUMMER ST
Philadelphia, PA 19107,1232 SUMMER ST
Philadelphia, PA 19107,1232 SUMMER ST
Philadelphia, PA 19107,1232 SUMMER ST
Philadelphia, PA 19107,1232 SUMMER ST
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$1,370,000

$999,999

37.0%
Est.Price: ?

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Est. payment /mo

2,448 SqFt


SOLD DATE : 08/24/2018

Key Details

Sold Price $1,370,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $559

Subdivision Chinatown

MLS Listing ID 1002006164

Sold Date 08/24/18

Style Other

HOA Y/N N

Abv Grd Liv Area 2,448

Originating Board TREND

Year Built 1925

Annual Tax Amount $5,178

Tax Year 2018

Lot Size 1,940 Sqft

Acres 0.04

Lot Dimensions 24X80

Property Description

Investors and Developers Alert! This is a an amazing opportunity to update 5 existing units to create condos, a rent producing property or create your own brand new property. Zoned RM1 with a lot of 24 X 80FT this has the potential to be a great investment opportunity. The Western portion of the property is accessed via an easement known as Winter Court. As it sits currently you have the main home on Summer Street, which has 3 bedrooms and 1 bathroom. The first floors features a laundry room, office, small courtyard, storage garage. The living room, kitchen and full bathroom is located on the 2nd floor and the 3rd floor of the home has three bedrooms. This is the largest of the 5 units currently it is occupied and being leased for $1,850. There are also four Trinity Style homes via the courtyard entrance. Each of the homes have similar layouts. First floor; Living room and kitchen, Second Floor; open room, Third floor bedroom with full bathroom. Each of the homes has an unfinished basement which can be used for Washer/dryer or storage. The property is located within blocks of Reading Terminal Market, the convention Center, Hahnemann Hospital and the new Rail Park. Buyer is responsible for City Cert.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Basement Partial, Unfinished

Interior

Hot Water Natural Gas

Heating Gas

Cooling None

Fireplace N

Heat Source Natural Gas

Laundry Hookup

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 054012100

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Ian J Perler • Star Real Estate Group
Bought with Christopher M Fox • BHHS Fox & Roach-Haverford
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