Philadelphia, PA 19127,4363 CRESSON ST
Philadelphia, PA 19127,4363 CRESSON ST
Philadelphia, PA 19127,4363 CRESSON ST
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$ 700,000
Est. payment | /mo

3,573 Sqft Lot


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$ 700,000
Est. payment | /mo
Save

3,573 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2344738

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $3,751

Tax Year 2024

Lot Size 3,573 Sqft

Acres 0.08

Property Description

"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:

4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."

Location

State PA

County Philadelphia

Area 19127 (19127)

Zoning CMX25

Exterior

Water Access N

Road Frontage Boro/Township

Garage N

Building

Sewer No Septic Approved, Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 885868960

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Marc M Scott • Messa Real Estate & Insurance
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4363 CRESSON ST