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2600 E Somerset Street, Philadelphia, PA 19134
$799,000
2600 E Somerset Street, Philadelphia, PA 19134View this property at 2600 E Somerset Street, Philadelphia, PA 19134
2600 E Somerset StreetPhiladelphiaPA19134
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Property Description
Investor Alert in the heart of Port Richmond! Home to the neighborhood's staple corner ice cream shop, Somerset Splits, this stabilized 5-unit mixed use property has a strong history of reliable tenants and an attractive rent roll. The neighborhood continues to expand and has become a vibrant community for residents and businesses alike! Residential unit count: One (1) bi-level 2-bedroom, two (2) one-bedrooms, and an efficient studio. Fully leased with spacious layouts. Each unit has private access from street level and only steps away from the highly regarded Taconelli's Pizza. Contact listing agent for more information.
Full Property Details
Full Property Details for 2600 E Somerset St
General
- Price: $799,000
- Taxes: $3,768 (2022)
- Status: Active
- Type: Retail
- MLS ID: PAPH2333348
- Updated: 4/9/2024
- Added to Site: 35 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: None
Location
- Area: 19134 (19134)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Port Richmond, few blocks from Richmond St.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,517
- Lot Size Source: Estimated
- Lot Dimensions: 20.00 x 72.25
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $197.28
- Assessment Year: 2023
- School Tax: $2,067
- City/TownTax: $1,700
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $269,200
- Tax Amount: $3,768
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 225
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Schools
Schools serving 2600 E Somerset St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2944 Belgrade St, Philadelphia, PA 19134 | K-5 | 0.2 mi | |
2051 E. Cumberland Street, Philadelphia, PA 19125 | 9-12 | 0.7 mi | |
2463 Emerald St, Philadelphia, PA 19125 | 9-12 | 0.9 mi | |
1901 N Front St, Philadelphia, PA 19122 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2600 E Somerset St
Date
Details
Price
Change
Source
4/04/2024
Listed
$799,000
201.51%
MLS
1/03/2017
Sold
$265,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2600 E Somerset St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,768
14%
$269,200
100%
2021
$3,319
—
-100%
2020
$3,319
1%
$237,100
1%
2019
$3,287
6%
$234,800
6%
2018
$3,110
37%
$222,200
37%
2017
$2,275
—
$162,500
—
2016
$2,275
4%
$162,500
—
2015
$2,178
—
$162,500
—
2014
$2,178
128%
$162,500
1560%
2013
$957
—
$9,792
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2600 E Somerset St
2600 E Somerset Street, Philadelphia, PA 19134 (MLS# PAPH2333348) is a Retail property. 2600 E Somerset Street is currently listed for $799,000 and was received on April 04, 2024. This property is listed by Benjamin "Ben" Katz from our Old City Office.Want to learn more about 2600 E Somerset Street? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.