Philadelphia, PA 19145,1615-17 MCKEAN ST
Philadelphia, PA 19145,1615-17 MCKEAN ST
Philadelphia, PA 19145,1615-17 MCKEAN ST
36
$1,050,000
$1,100,000
4.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,946 SqFt

1615-17 MCKEAN ST Philadelphia, PA 19145

Est. payment /mo
SOLD DATE : 12/15/2021

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Annie & Nikki The Busy Blondes

Annie & Nikki The Busy Blondes

+1(202) 841-7601

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,946 sqft

Price per Sqft $212

Subdivision Newbold

MLS Listing ID PAPH2031342

Sold Date 12/15/21

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,663

Tax Year 2021

Lot Size 2,473 Sqft

Acres 0.06

Lot Dimensions 35.33 x 70.00

Property Description

Triple Mint Condition! 1615-17 McKean St offers a rare investment opportunity to own a pristinely kept, multi-use property in a prime Newbold location. Sits on a 35x70 corner lot, this nearly 5,000 SqFt clear span building has a well-established auto repair business on the first level, two 1 bed, 1 bath apartments on the second level. There are tons of great potential uses for this property including taking over the auto business (the equipment is available to purchase for $60k), reconfiguring the current layout, or redeveloping the site with new construction housing. Crescenzo's Auto Services is a third-generation, family ran business that has been a trusted fixture of the neighborhood for nearly a century! The repair shop features dual garage openings, an office, and a powder room. Upstairs, both apartments offer spacious layouts with large, open main living areas, in-unit laundry, and separate all-electric utility setups. These units have the opportunity to be renovated into loft-style apartments with +/-15ft high ceilings above the current drop ceiling and concrete style flooring under the carpets. The front unit is currently rented month-to-month with a long-term tenant. The rear unit lease ends in June of 2022. This meticulously maintained building has had many well-documented renovations and updates over the years including new carpet for both apartments, an updated bathroom with a new vanity for the front apartment, and new kitchen appliances, a new water heater, and fresh paint in the rear apartment. The roof was installed in 2019, by a well-qualified roofer, and had been issue free ever since. 1615-17 McKean’s spectacular Newbold location earns a Walk Score of 95! Essentials shopping can be done within a few blocks plus, nearby Passyunk Ave is lined with famous restaurants and friendly neighborhood stores. Getting around the city is made easy with the #2 bus traveling along 16th and 17th streets, and the #29, #37, #79, and the Broad Street Line all about a five-minute walk away. This great investment opportunity won’t last long. Schedule your tour today!

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning I2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit, Window Unit(s)

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882967890

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Read Less


Bright MLS (BMLS)
Listed by Michael R. McCann • KW Philly
Bought with Janet A. Porto • BHHS Fox & Roach-Center City Walnut

GET MORE INFORMATION

Annie & Nikki The Busy Blondes

Agent | License ID: 0225062488

+1(202) 841-7601

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.