Other
2314 E SUSQUEHANNA AVENUE 16
PHILADELPHIA , PA 19125
MLS#: PAPH2565508
$1,700,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1875
Lot size
0.16 acres
Investment Opportunity in Fishtown! **Prime Residentially Zoned Property with Significant Potential** This residentially zoned property, situated in vibrant Fishtown, offers a compelling investment opportunity. The area is renowned for its dynamic growth, making it an attractive option for investors seeking urban properties with strong development potential. **High Demand and Desirable Location** Fishtown continues to experience demand for large, well designed residential spaces. This demand is fueled by the neighborhood's appealing lifestyle offerings, which include a diverse array of dining options, entertainment venues, and artistic attractions. These amenities contribute to the area's popularity, positioning this spacious, street-to-street property as an excellent candidate for capital investment. **Unique Features and Opportunities** This property stands out due to the substantial amount of land and square footage available on a single deed. With street frontage on both Norris and Susquehanna, it presents a unique opportunity for investors. The layout makes it ideal for either renovation or redevelopment projects, allowing for flexible approaches to maximize value. ** Key Details** This property encompasses approximately 6,775 square feet of land, and 8,122 raw square feet of garage-type space all held under a single deed. The lot is believed to have once consisted of two separate parcels. Currently, there are at least two known surface drains on the property, which are assumed to be connected to a sewer line; however, explicit documentation confirming this connection is not available. The site features one main structure, which is configured as two adjoining storage-type buildings. The entrance to one of these buildings faces Norris Street. The other structure, oriented toward Susquehanna Avenue, has been utilized as a garage and includes a roll-down door. This portion of the property is storied to have previously operated as an auto shop, a use reflected in its design, including a ramp that once allowed vehicles to access the second floor. Over time, the roof has partially collapsed and the status of the ramp cannot be confirmed. No representations have been made regarding the legal use or status of the garage. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property. There is a toilet present within the structure, but the condition and functionality of the plumbing are undetermined. Offers contingent upon an interior tour of the property will be considered. Only exterior viewing is permitted; no interior showings are allowed without a signed letter of intent and proof of funds. Please note that there are no written property disclosures available.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Off Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Land
-
Property Sub Type
Deeded Parking
-
Architectural Style
Other
Price
-
Sales Price
$1,700,000
-
Tax Amount
3611.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
203
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Jeanne A Whipple , Elfant Wissahickon Realtors
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