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$500,000
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Property Description
CMX2 Mixed Use Building is on South st. Perfect makeover with countless opportunities for investment. The building offers an open-concept first-floor retail area that was used as a Caribbean restaurant. It also has a bathroom and access to a roomy basement for storage. A 2-bedroom apartment is on the second story. Here, there are countless alternatives. Bring your creativity to bear to design an amazing space. The property is being sold "as is."
Full Property Details
Full Property Details for 1124 South St
General
- Sold For: $500,000
- Taxes: $6,210 (2023)
- Status: Closed
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PAPH2198386
- Added to Site: 1, 124 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: Off Site
Location
- Area: 19142 (19142)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: South Street
- Subdivision: South Street
- Cross Streets: 11Th
- Driving Directions: use GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 950
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 60.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $276.9
- Assessment Year: 2023
- School Tax: $3,408
- City/TownTax: $2,802
- City/TownTax Freq: Annually
- Tax w/Assessment: $443,700
- Tax Amount: $6,210
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Lot Number: 380
Listed by RE/MAX Affiliates, Vendela S Bonner
Sold by Philly Real Estate, Lei Zhou
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Schools
Schools serving 1124 South St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Fanny Jackson Coppin School 1213 South 12th Street, Philadelphia, PA 19147 | K-8 | 0.6 mi |
Furness Horace High School 1900 South 3rd Street, Philadelphia, PA 19148 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1124 South St
Date
Details
Price
Change
Source
10/01/2024
Sold
$500,000
-4.76%
MLS
7/20/2024
Price Reduced
$525,000
-4.55%
MLS
5/21/2024
Price Reduced
$550,000
-4.35%
MLS
1/30/2023
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1124 South Street, Philadelphia, PA 19147 (MLS# PAPH2198386) is a Business property that was sold at $500,000 on October 01, 2024. Want to learn more about 1124 South Street? Do you have questions about finding other Business real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

