2532 Coral Street
Philadelphia, PA 19125
- – beds
- – baths
- 2,464 sqft
- 960 sqft lot
- $142 per sqft
- 1875 build
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Zoned for live entertainment, this fantastic mixed-use building is located in the heart of East Kensington! The bar is on 1st floor with a "cold" kitchen, 2 accessible bathrooms, a bar, a pool table, seating, an ice machine, and all the other essentials, like a newer 4-ton HVAC for the bar plus a walk-in refrigerator box, other mechanicals, and storage. Deliveries are a breeze with the basement's exterior Bilco doors. Estimated rental income, if rented out rather than owner-occupied, would be $2500/month. The liquor license is to be sold for an additional fee of $175,000. Upstairs, the 2nd and 3rd Floor (2 bed/2 full bath) rental also has central air, in-unit laundry, and a separate exterior entrance. The unit can also possibly have a roof deck added to the 3rd-floor master bedroom, which has an ensuite bathroom & vaulted ceiling. The estimated rent for a 2-bedroom is $1500 in its current state or $2000 if upgraded. Property to be delivered vacant of business & resident, and all equipment to be sold with the property at no additional cost. Found in the vibrant East Kensington neighborhood at the corner of Coral and Sergeant Streets, this is one you don't want to miss!
Listing courtesy of BRIGHT / KW Empower
Last checked:
Checking…
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Last updated Nov 9, 2024
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MLS# PAPH2385094 —
The Building
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Year Built:1875
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:End of Row/Townhouse
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Architectural Style:Contemporary
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Building Units Total:2
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Accessibility Features:Mobility Improvements
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2464
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2464
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Living Area SqFt:2,464 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Cash
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Possession:Immediate
Location
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Directions:Corner of Coral Street and E Sergeant St.
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Cross Street:Sergeant Street
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Latitude:39.98528290
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Longitude:-75.12609100
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 60.00
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Lot Dimensions Source:Assessor
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Lot SqFt:960 Sqft
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Inclusions:Equipment
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Exclusions:Liquor License
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Zoning:CMX1
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:S50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 431-5431
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:871500700
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Tax Year:2024
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Tax Lot:120
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Tax Annual Amount:$2,879
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Tax Assessed Value:$205,700
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Year Assessed:2024
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School Tax:1612.0
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City/Town Tax:1266.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Brown Henry
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Middle School:Memphis Street Academy Charter School At J.P. Jones
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High School:KENSINGTON
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Kensington
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/8/24
Nov 8, 2024
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Sold | BRIGHT | $350,000 | |
8/29/24
Aug 29, 2024
|
Pending | BRIGHT | $350,000 | |
8/14/24
Aug 14, 2024
|
Listed / Active | BRIGHT | $350,000 |