Philadelphia, PA 19151,701 N 63RD ST
Philadelphia, PA 19151,701 N 63RD ST
Philadelphia, PA 19151,701 N 63RD ST
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$450,000
Est. payment /mo
4,627 SqFt
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UPDATED:

12/17/2024 10:15 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,627 sqft

Price per Sqft $97

MLS Listing ID PAPH2426940

Originating Board BRIGHT

Year Built 1915

Tax Year 2024

Lot Size 2,500 Sqft

Acres 0.06

Lot Dimensions 20.00 x 125.00

Property 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.

Location

State PA

County Philadelphia

Area 19151 (19151)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Hot Water & Baseboard - Electric

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Accessibility Kitchen Mod, Level Entry - Main, Other

Total Parking Spaces 3

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881125855

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

Financing Conventional,FHA,VA,Cash

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Alison Simon • KW Empower

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Andrea Balkiewicz

+1(484) 368-1103

REALTOR® | License ID: RS313316

REALTOR® License ID: RS313316

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