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$3,249,999.00

122 ARCH

PHILADELPHIA, PA 19106

Year Built : 1900

List Date : 2021-10-04

MLS# : B PAPH2036880

Calling all investors! This must-see, trophy corner property is located in Philadelphia’s most coveted neighborhood, Old City. This 12,500(+/-) sqft building is centrally located to all of Philadelphia’s historic sites, shopping, restaurants, public transportation, and major highways. The building is CMX-3 zoned, containing a live-work storefront on the first floor with tons of windows that bring in natural light, an apartment, and a private garage. There are 4 huge, spread out apartments in the building that could be split in halves to double rental income. In the rear of the main 10,240(+/-) sqft building is an additional 2,400(+/-) sqft loft apartment, workspace, and enclosed onsite parking. Arch Street is surrounded by tons of new booming development making this a perfect opportunity for investors to transform. There is infinite potential with this property, and it’s perfect for a boutique hotel. Do not hesitate to schedule a showing as this property will not last. ***Proof of funds is required before entering the building***



FEATURES

  • Construction: Masonry
  • County: PHILADELPHIA
  • Tax Amount: $14,761.00
  • Tax Year: 2021
  • Waterfront: N

This listing is courtesy of Simple Choice Realty