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Aryan Frizhandi

aryan.frizhandi@lnf.com +1(202) 899-0069

$ 350,000

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2532 CORAL ST Philadelphia, PA 19125

2,464 SqFt

UPDATED:

09/17/2024 08:25 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $142

Subdivision Kensington

MLS Listing ID PAPH2385094

Style Contemporary

Abv Grd Liv Area 2,464

Originating Board BRIGHT

Year Built 1875

Annual Tax Amount $2,879

Tax Year 2024

Lot Size 960 Sqft

Acres 0.02

Lot Dimensions 16.00 x 60.00

Property Description

Zoned for live entertainment, this fantastic mixed-use building is located in the heart of East Kensington! The bar is on 1st floor with a "cold" kitchen, 2 accessible bathrooms, a bar, a pool table, seating, an ice machine, and all the other essentials, like a newer 4-ton HVAC for the bar plus a walk-in refrigerator box, other mechanicals, and storage. Deliveries are a breeze with the basement's exterior Bilco doors. Estimated rental income, if rented out rather than owner-occupied, would be $2500/month. The liquor license is to be sold for an additional fee of $175,000. Upstairs, the 2nd and 3rd Floor (2 bed/2 full bath) rental also has central air, in-unit laundry, and a separate exterior entrance. The unit can also possibly have a roof deck added to the 3rd-floor master bedroom, which has an ensuite bathroom & vaulted ceiling. The estimated rent for a 2-bedroom is $1500 in its current state or $2000 if upgraded. Property to be delivered vacant of business & resident, and all equipment to be sold with the property at no additional cost. Found in the vibrant East Kensington neighborhood at the corner of Coral and Sergeant Streets, this is one you don't want to miss!

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX1

Rooms

Basement Full

Interior

Hot Water Natural Gas

Cooling Central A/C

Inclusions Equipment

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Mobility Improvements

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Brown Henry

Middle Schools Memphis Street Academy Charter School At J.P. Jones

High Schools Kensington

School District The School District Of Philadelphia

Others

Tax ID 871500700

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Stacy L Sanseverino • KW Empower

Aryan Frizhandi

Agent

+1(202) 899-0069

Aryan Frizhandi

2532 CORAL ST Philadelphia, PA 19125

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2532 CORAL ST