2579 Memphis Street, Philadelphia, PA 19125 - Photo 1

1/1

$340,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1,596 Sq. Ft.

1/1

Property Description

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!

Full Property Details

Full Property Details for 2579 Memphis St

General

Sold For: $340,000
Taxes: $3,300 (2024)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PAPH2372138
Added to Site: 567 day(s) ago

Interior

Interior Features: Floor Plan - Open, Kitchen - Eat-In
Appliances: Stainless Steel Appliances, Refrigerator
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Upper Floor Baths: 1
Upper - Full Baths: 1

Bedrooms

Total Bedrooms: 2
Bedrooms Upper: 1
Bedrooms Main & Up: 1

Other Rooms

Laundry: Dryer In Unit

Parking

Parking Type: On Street

Location

Area: 19125 (19125)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Fishtown
Subdivision: Fishtown
Cross Streets: Huntington
Driving Directions: on corner of Huntingdon and Memphis
Direction Faces: South

School Information

School District: The School District Of Philadelphia

Community

Pets Allowed: Yes
Pets: Case by Case Basis

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: Central
Heating Fuel: Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: Detached
Construction: Masonry
Basement: Yes
Basement Desc.: Full
Foundation: Block
Roof: Flat
Stories/Levels: 0
Stories Description: Main, Upper 1
Square Feet: 1,596
Sq. Ft. Source: Assessor
Living Area: 1,596 Sq. Ft.
Finished Above Grnd: 1,596 Sq. Ft.
Year Built: 1875
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 845
Lot Size Source: Assessor
Lot Dimensions: 14.00 x 60.00
Zoning: RSA5

Financial Considerations

Price Per Sq. Ft.: $219.3
Assessment Year: 2024
School Tax: $1,848
City/TownTax: $1,452
City/TownTax Freq: Annually
Tax w/Assessment: $235,800
Tax Amount: $3,300
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1596

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 66

Listed by Compass Pennsylvania, LLC, Emily Nussbaum
Sold by EXP Realty, LLC, Lay Gauv

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Listing agent

— 2579 Memphis St —

Emily Nussbaum

Compass Pennsylvania, LLC

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Schools

Schools serving 2579 Memphis St

School District:Philadelphia City School District

Name	Grades	Distance
Hackett Horatio B School 2161 East York Street, Philadelphia, PA 19125	K-5	0.3 mi
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125	9-12	0.7 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 2579 Memphis St

Date

Details

Price

Change

Source

12/13/2024

Sold

$340,000

-2.86%

MLS

7/01/2024

Listed

$350,000

—

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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Beds
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2579 Memphis Street, Philadelphia, PA 19125 (MLS# PAPH2372138) is a Single Family property that was sold at $340,000 on December 13, 2024. Want to learn more about 2579 Memphis Street? Do you have questions about finding other Single Family real estate for sale in Fishtown? You can browse all Fishtown real estate or contact a Coldwell Banker agent to request more information.

2579 Memphis St Philadelphia, PA 19125