701 N 63rd St, Philadelphia, PA 19151 | For Sale

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For Sale $450,000

$450,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 2,500 Sq Ft
  • Unknown Cap Rate

Description

Welcome to 701 N 63rd St - a property full of possibilities!

The highest and best use of this property is 3 residential units and either 1 or 2 commercial units, depending on how you utilize the space.

The main entry way should function as a common space, and can be turned into a foyer or mailroom. This spacious floor has ample room to be used as a commercial space after passing the stairs, which would lead to residential units. This level has a half bath and a large kitchen with an industrial fridge and stove/hood.

The second floor has a separate staircase accessible through the main foyer as well as the rear of the first floor. This floor has 4 rooms and a large bathroom. The third floor has 3 rooms and a full bathroom. The highest and best use is to make both the second and third floors into individual flat apartments.

In the lower level, the fully finished basement has its own private entrance on the side of the building. This space runs the length of the home and has multiple rooms that can be used as offices, a daycare, medical office, educational facilities, retail and much more. It also has a full bathroom.

The highest and best use of this property is to make the first, second and third levels individual flat apartments. The walkout basement level and detached garage could be one business or two separate commercial spaces. The current owner had plans to create 3 residences, a daycare and a salon in the detached garage. As a 4 unit, this would be eligible for conventional renovation loan financing - reach out for more information on this option.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $450,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1915
Last Sold Unknown
Sold Price Unknown
APN # 881125855
MLS # PAPH2426940
Property ID 321114482
Lot Sqft 2,500
Zoning CMX2
Days on Market 36
Original List Price Unknown
Date Updated January 07, 2025
Date Created December 12, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Alison Simon an agent of . Lic #RS337542


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Data last updated: January 17, 2025.
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