PA > Philadelphia > Allegheny West
Philadelphia, PA 19140,1421 W ERIE AVE
Philadelphia, PA 19140,1421 W ERIE AVE
Philadelphia, PA 19140,1421 W ERIE AVE
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Jonathan Granlund

Jonathan Granlund

+1(703) 537-6747
$335,000
Est. payment /mo
1,900 Sqft Lot
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UPDATED:

01/24/2025 07:55 AM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Allegheny West

MLS Listing ID PAPH2374280

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $4,522

Tax Year 2025

Lot Size 1,900 Sqft

Acres 0.04

Lot Dimensions 20.00 x 95.00

Property Description

Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning CMX2.5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 131054800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Richard K Cassell • KW Empower
agent-avatar

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

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