Property
Philadelphia, PA 19134 2981 Memphis Street
$350,000
13 more
Presented By: EXP Realty, LLC
SQFT • 1,978
Home Details
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Presented By: EXP Realty, LLC
Interior Features for 2981 Memphis Street
Other Interior Features
Central Air Y/NNo
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterNone
General for 2981 Memphis Street
AccessibilityNone
Business TypeApartment Building, Convenience Store/Gas, Hair Salon and Spa, Recreation, Supermarket/Grocery Store
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPD 2981 Memphis st. It's the corner store on the left hand side.
HeatingBaseboard - Electric, 90% Forced Air
Lot Size Square Feet1551.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
ModificationTimestamp2025-05-10T13:12:00
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
Possession0-30 Days CD, Immediate
Price Per Sq Ft Total AG176.95
Property ConditionBelow Average
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePORT RICHMOND
Tax Annual Amount2954.0
Tax Assessed Value211100.0
Tax Lot16
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5
Exterior for 2981 Memphis Street
Building Area Total1978.00
Land Assessed Value42220.00
Land Use CodeY30
Lot Dimensions24.00 x 65.00
Lot Size Acres0.04
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Charles Torres
Owner