1232 Summer Street, Philadelphia, PA 19107 | MLS 1002006164 | Listing Information | Real Living Spectrum Real Estate | Real Living Real Estate
Real Living
Spectrum Real Estate
(610) 439-1491

1232 Summer Street,  Philadelphia PA, 19107

2,448 sqft
Status: Pending
MLS#: 1002006164
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Real Living
Spectrum Real Estate

(610) 439-1491

Listing Provided Courtesy Of: Star Real Estate Group
Last Updated: 7/23/2018 8:39 AM
Description for 1232 Summer Street Philadelphia, PA 19107
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.
Price
$999,999
Chinatown
PHILADELPHIA
2,448 (approx)
1002006164
Pending
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.
Listing Information
Property Type: Multi-Family, Other
0.04 Acres 2,448 (approx) $408.5
1925 Brick
Chinatown
Gas Water Heater, Public Water Service
Public Sewer
None
Neighborhood
School Information
District: The School District Of Philadelphia
Room Information
Interior Features
None
Gas Heat, None
Partial, Unfinished Basement
3
Exterior / Lot Features
Street Parking
Brick
24X80
RM1
Financial Considerations
$5,178
2018
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19107 has a population of 1,567,442.

The median household income in Philadelphia, Pennsylvania 19107 is $37,460. The median household income for the surrounding county is $37,460 compared to the national median of $53,482. The median age of people living in Philadelphia 19107 is 33.6 years.

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Courtesy: Star Real Estate Group
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
This content last refreshed on 7/23/2018 8:39 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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