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57 E MERMAID LN Philadelphia, PA 19118
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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,458 sqft
Price per Sqft $213
Subdivision Chestnut Hill
MLS Listing ID 1002450386
Sold Date 12/12/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,458
Originating Board TREND
Year Built 1925
Annual Tax Amount $3,800
Tax Year 2016
Lot Size 4,680 Sqft
Acres 0.11
Lot Dimensions 35X225
Property Description
RARE Investment opportunity on a tree lined street a block away from Germantown Avenue in Chestnut Hill. Multi unit building with development potential and two separate garages. One -two car garage and One -3 car garage that is being used as a contractors work-shop. There is space for a total of 10cars. The basement was formerly used as an office for the contractors garage but is currently being used as a studio apartment w a mini kitchen. The first floor apartment is a 2bdrm, 1bath apartment with a private back porch and a shared front porch. The 2nd floor apartment is a sunny, bi- level 2bdrm 2bath apartment with a LOFT. Hardwood throughout. There is a shared backyard area. All units are separately metered. Rents as follows: Garage $800 Basement $500 First floor $1000 2nd floor bi-level $1400 Potential to build 4 townhomes with parking or convert to single family home. **Property is being sold in AS IS condition.
Location
State PA
County Philadelphia
Area 19118 (19118)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Hookup
Exterior
Garage Spaces 12.0
Water Access N
Accessibility None
Total Parking Spaces 12
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 091066600
Ownership Fee Simple
Read Less
Bought with Frances A Prieto • Coldwell Banker Realty