$140,000
$150,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
2925 GERRITT ST Philadelphia, PA 19146
3 Beds
1 Bath
840 SqFt
Key Details
Sold Price $140,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $166
Subdivision Grays Ferry
MLS Listing ID PAPH852420
Sold Date 02/19/20
Style Traditional
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 840
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,176
Tax Year 2020
Lot Size 630 Sqft
Acres 0.01
Lot Dimensions 14.00 x 45.00
Property Description
Development opportunity in HOT Grays Ferry, located in a Federal Qualified Opportunity Zone (QOZ) with the possibility for no federal tax on capital gains after 10 years. Older renovated 3BR 1 BA house that is a turnkey rental that was recently rented for $1,185 per month. Property has zoning permits to build 3 story new construction home, 4BR 3BA with roofdeck, totaling approximately 2,100 square feet. Keep the house for rental income or build new home. Plans and approvals available for review, lots is 14x45 with building footprint of 14x38 and no 3rd floor setback.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RSA5
Rooms
Basement Other
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 364224200
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Nancy S. Trachtenberg • BHHS Fox & Roach-Art Museum
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