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2981 Memphis Street

Philadelphia, PA 19134

– beds
– baths
1,978 sqft
1,551 sqft lot
$194 per sqft
1925 build

2981 Memphis St., Philadelphia PA 19134 is a mix-use commercial property legally zone for a two unit building. The first floor commercial unit of this building is being rent to a small convenience store that is still operating and currently rented for $2000 a month. Their lease is up next year with no option to renew. The second floor features a three bedroom, one bathroom apartment with force air heating and central air. A lease is currently not in place for second floor unit. Asking price is $385000 property is being sold in as-is condition. Seller is motivated.

Listing courtesy of BRIGHT / Realty Mark Associates

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# PAPH2382622 —

The Building

Year Built:

1925
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Over Storefront
Architectural Style:

Traditional
Building Units Total:

3
Accessibility Features:

None
Total SqFt Source:

Estimated

Interior

Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

1978
Living Area SqFt:

1,978 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, FHA 203(b), Other, Private, Conventional
Possession:

Immediate

Location

Directions:

Use GPS
Cross Street:

1917 Welsh Road
Latitude:

39.98611450
Longitude:

-75.11190033

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Estimated
Lot Size Dimensions:

24.00 x 65.00
Lot Dimensions Source:

Estimated
Lot SqFt:

1,551 Sqft
Zoning:

RSA5
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Y30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871532080
Tax Year:

2022
Tax Lot:

16
Tax Annual Amount:

$2,876
Tax Assessed Value:

$205,500
Year Assessed:

2023
School Tax:

1578.0
City/Town Tax:

1298.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C, Wall Unit
Central Air:

Yes
Cooling Fuel:

None
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/2/24 Aug 2, 2024	Listed / Active	BRIGHT	$385,000

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This multifamily located in River Wards, Philadelphia, PA 19134 is currently for sale for $385,000. 2981 Memphis Street is a 1,978 square foot multifamily with – beds and – baths. 2981 Memphis Street is in the River Wards neighborhood of Philadelphia and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Kensington Creative And Performing Arts High School, Kensington Health Sciences Academy, Memphis Street Academy Charter School At J.P. Jones, Richmond School, and Kensington High School.

Listing Courtesy of: BRIGHT and Realty Mark Associates.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.