1501-1503 S 8TH ST $549,800


    1501-1503 S 8TH ST PHILADELPHIA, PA 19147

    • 3,220 sq. ft.
    • 0.03 Acres
    • Commercial
    • MLS# PAPH1021616
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    Views: 822 Days On Site: 369

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    Property Details

    Description Tours

    Excellent commercial investment opportunity! Two buildings sold as a pair! 1501 S 8th includes a first floor currently leased by a well respected long-term tenant: the famous Cosmi's Deli founded in 1932. The currently leased 3-bedroom apartment above includes a generous size living room, eat-in kitchen, wood floors, spacious bedrooms and closets. 1503 S 8th is a 2 bedroom single family home, currently rented. 1st floor has a living room, an open concept kitchen, 2nd floor has two bedrooms, one being utilized as a home office. Brand new Firestone rubber roof recently put on 1501 S 8th street ($5500 value), with a transferrable warranty! Located in popular Bella Vista, this central location is extremely walkable with great foot traffic and easily rentable. Gross annual income is $53,145. Tenants pay utilities, Commercial tenant pays utilities, U&O, and pro rated real estate taxes too. Business on the 1st floor of 1501 is NOT included in the sale, just the building. Strong rents, great location, prime opportunity for the savvy investor!

    • General Features
      • County PHILADELPHIA
      • HOA Y/N N
      • Municipality PHILADELPHIA
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount 3489.00
      • Tax Year 2022
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1920
      • Zoning CMX1
    • Building Features
      • Building Total SqFt 3220.00
      • Building Units Total 2
      • Business Type Other, Apartment Building
      • Cooling Fuel Electric
      • Cooling Type Window Unit(s)
      • Garage Y/N N
      • Heating Fuel Natural Gas
      • Heating Type Hot Water
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 0
    • Property Features
      • Lot Size Acres 0.03
      • Lot Size Dimensions 28.00 x 43.00
    • Schools


    Tina DeJesse

    Tina DeJesse

    Sales Associate


    BHHS Fox & Roach Center City-Society Hill

    Mobile Phone: 215-913-4548
    • HSA Home Warranty


    Market Last 30 Days In This Postal Code

    $535,000 Median Sales Price
    82 Homes Sold
    113 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $549,800
        3/14/2022 10:26:21 AM Status Changed Source: Multiple Listing Service New Value: PENDING
        5/25/2021 3:28:00 PM New in Database Source: Multiple Listing Service New Value: $549,800

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2022 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.