Bought with Darwin Laureano • EXP Realty, LLC
For more information regarding the value of a property, please contact us for a free consultation.
2981 MEMPHIS ST Philadelphia, PA 19134
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $295,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Port Richmond
MLS Listing ID PAPH2452350
Sold Date 11/18/25
Year Built 1925
Annual Tax Amount $2,954
Tax Year 2024
Lot Size 1,551 Sqft
Acres 0.04
Lot Dimensions 24.00 x 65.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Interior
Hot Water None
Cooling None
Heat Source Electric, Natural Gas
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 871532080
Ownership Fee Simple
Special Listing Condition Standard
Read Less
GET MORE INFORMATION