151 N 3rd Street, Philadelphia, PA 19106 - Photo 1

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$2,310,000

Sold
Closed
Warehouse

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Property Description

151 N 3rd St is a CMX3 zoned historical building strategically situated in the vibrant heart of Olde City, one of the most sought-after neighborhood in Philadelphia! This charming building offers a total of six units, each designed with your tenant's comfort in mind. In addition, the property boasts 13 parking spaces in the rear of the building, offering convenient and secure parking for residents and business owners. The building is historical charm is evident in its beautiful facade and classic architectural features, while some of the interiors have been thoughtfully renovated to meet modern day standards of comfort and convenience. Other units could be renovated to suit the new owner's taste and purpose to add-value. Given its desirable location, tenants can enjoy access to numerous amenities. The building is located within close proximity to fantastic restaurants, coffee shops, boutique stores, art galleries, museums, and other attractions, offering a fantastic lifestyle for the tenants. Overall, this is an excellent opportunity for investors to acquire a rare gem in a prime location, offering attractive returns and a solid investment for years to come.

Full Property Details

Full Property Details for 151 N 3rd St

General

Sold For: $2,310,000
Taxes: $23,579 (2022)
Status: Closed
Type: Warehouse
Source: BrightMLSPhilly
MLS ID: PAPH2230170
Added to Site: 1, 010 day(s) ago

Business

Business Type: Apartment Building, Hair Salon and Spa, Storage, Prof

Parking

Total Spaces: 13
Parking Type: Parking Lot

Location

Area: 19106 (19106)
Municipality: PHILADELPHIA
County: Philadelphia
Driving Directions: From Center City, go north on the 3rd street, pass Arch St., the property is on the right.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: None
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Stories/Levels: 0
Year Built: 1920
Year Built Source: Assessor

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.15
Lot Size (Sq. Ft.): 6,686
Lot Size Source: Assessor
Lot Dimensions: 20.00 x 93.00
Zoning: CMX3

Financial Considerations

Price Per Sq. Ft.: $265.44
Assessment Year: 2023
School Tax: $12,938
City/TownTax: $10,640
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $1,684,500
Tax Amount: $23,579
Tax Year: 2022
Owner Pays: Management, Insurance, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Water
Landlord Pays: Management, Insurance, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Water

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 375

Listed by Realty Mark Associates-CC, Madoka Nishimura
Sold by National Realty Old City LLC - PA, Billy Creagh

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Listing agent

— 151 N 3rd St —

Madoka Nishimura

Realty Mark Associates-CC

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Schools

Schools serving 151 N 3rd St

School District:Philadelphia City School District

Name	Grades	Distance
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106	K-8	0.8 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.2 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 151 N 3rd St

Date

Details

Price

Change

Source

7/28/2023

Sold

$2,310,000

0.43%

MLS

4/30/2023

Listed

$2,300,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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151 N 3rd Street, Philadelphia, PA 19106 (MLS# PAPH2230170) is a Warehouse property that was sold at $2,310,000 on July 28, 2023. Want to learn more about 151 N 3rd Street? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

151 N 3rd St Philadelphia, PA 19106