2347 E SOMERSET ST, Philadelphia, PA 19134
2347 E SOMERSET ST, Philadelphia, PA 19134,Video Tour
2347 E SOMERSET ST, Philadelphia, PA 19134
2347 E SOMERSET ST, Philadelphia, PA 19134
2347 E SOMERSET ST, Philadelphia, PA 19134
2347 E SOMERSET ST, Philadelphia, PA 19134
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Skip Tolley

Skip Tolley

+1(410) 935-7500
Listed by Stacy Sanseverino • KW Empower
$ 550,000
Est. payment | /mo

1,500 SqFt

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$ 550,000
Est. payment | /mo
Save Virtual Tour

1,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $366

Subdivision Port Richmond

MLS Listing ID PAPH2562872

Style Traditional

Abv Grd Liv Area 1,500

Year Built 1925

Annual Tax Amount $4,901

Tax Year 2025

Lot Size 2,323 Sqft

Acres 0.05

Lot Dimensions 41.00 x 73.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Surrounded by new construction, this 2-building property is a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN, with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently rented for $1,540/mo. This is an excellent pure investment play and an opportunity to own the adjacent properties. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Can be purchased as a package with 2343 & 2345 E Somerset St. New sewer line to the street, new fire alarm system, and new security alarm system.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air, Radiator

Cooling Central A/C

Flooring Ceramic Tile, Luxury Vinyl Plank

Inclusions 2 Refrigerators, 2 Washers, 2 Dryers

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1500

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Richmond

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

High Schools Kensington

School District The School District Of Philadelphia

Others

Tax ID 871530860

Ownership Fee Simple

SqFt Source 1500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/704881fe-4474-4831-a78b-acd549582371?wl=true&setAttribution=mls&initialViewType=pano

Bright MLS (BMLS)

Nearby Locations

Skip Tolley
Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500 | skip@captainwaterfront.com

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2347 E SOMERSET ST