2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
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2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
2579 Memphis St
Sold

2579 Memphis St

2579 Memphis St, Philadelphia, PA 19125

$340,000
Think outside the box with this sunny 2-story CORNER property located in the Olde Richmond pocket of 19125 (Fishtown area). It is currently zoned RSA5 - but with a variance - this property would be an incredible opportunity to open a small business in an area that would welcome it with open arms - it used to be a flower shop back in the day! This tight-knit "neighborhood-y" pocket of 19125 (east of york, south of frankford, west of lehigh, north of girard) in my humble opinion - is in desperate need of a coffee shop or breakfast spot... there is nothing incredibly close coffee-wise right now - although we DO love Little Susie's Pies (which is about an 8 min walk away on Lehigh). You would also be in great company with Circles and Squares Pizza, Meetinghouse Bar, Pacific Yoga, and Cook & Shaker - all only a super short stroll away. The building is currently situated with a renovated and professionally designed 1 bedroom apartment on the 2nd floor with a wonderful long-term tenant paying $1750/m ($21k/y) - tenant is willing to vacate or stay - your choice. The first floor (which has a separate entrance from the residential unit) is unfinished and the basement is large and dry. Alternatively - you can keep it fully residential and get creative with designing the sunny, corner home of your dreams! Note: Buyer would be responsible for any variance/zoning change. Seller open to generous contingencies to allow Buyer to do the due diligence needed to make their vision a reality. Inquire for details! Property is being sold in as-is condition. Thanks!

2
beds

1
bath

1,596 Sq.Ft. LIVING AREA

845 Sq.Ft. lot

Emily Nussbaum Tubbs

Emily Nussbaum Tubbs

Features & Amenities

Interior

  • total bedrooms2
  • Total bathroom1
  • full bathroom1
  • Flooring Vinyl
  • APPLIANCES Refrigerator, Electric Water Heater, Dryer
  • other interior Features Eat-in Kitchen

Area & Lot

  • Status Sold
  • Living Area1,596 Sq.Ft.
  • Lot Area845 Sq.Ft.
  • MLS® IDPAPH2372138
  • TypeResidential
  • YEAR BUILT1875
  • Architecture StylesTraditional
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • STORIES2
  • water SourcePublic
  • parkingOn Street
  • HEAT TYPECentral, Natural Gas
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$340,000
  • Real Estate Tax $3,300/yr

Work With Us

Our unique interests and passions allow us to better understand our clients’ varied needs and to serve them in an authentic and holistic way. When given an opportunity to help re-envision the local real estate marketplace, we took a creative risk, tried something different, committed to an idea and made a promise to ourselves and our clients that it would pay off.

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