Philadelphia, PA 19146,1406 POINT BREEZE AVE
Philadelphia, PA 19146,1406 POINT BREEZE AVE
Philadelphia, PA 19146,1406 POINT BREEZE AVE
Philadelphia, PA 19146,1406 POINT BREEZE AVE
Philadelphia, PA 19146,1406 POINT BREEZE AVE
Philadelphia, PA 19146,1406 POINT BREEZE AVE
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$515,000

$560,000

8.0%
Est.Price: ?

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Est. payment /mo

2,480 SqFt


SOLD DATE : 09/29/2023

Key Details

Sold Price $515,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,480 sqft

Price per Sqft $207

MLS Listing ID PAPH2223346

Sold Date 09/29/23

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,867

Tax Year 2023

Lot Size 1,277 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Description

Welcome to 1406 Point Breeze Ave, a rarely available mixed-use triplex in the heart of the neighborhood! Owner occupant business owners who qualify can purchase this property for FIVE PERCENT DOWN. This building is a brand new renovation featuring two large 2BD/1BA apartments, a clean commercial space ready for an owner occupant or tenant, and a 10-year TAX ABATEMENT on the full improvement value. The commercial space in this property qualifies for several grant and forgivable loan programs including the INSTORE Forgivable Loan Program (100% forgivable loan up to $100,000 for retail and food businesses), the CREAL Program ($10,000 grant + up to $250,000 loan for food/retail good and service businesses), the PBLN Matching Grant (up to $35,500 for members of a Historically Disadvantaged Community with <5 employees), and more. This block of Point Breeze Avenue is booming with has many other ongoing/recently completed projects including a recently completed 42 unit building right down the block. Don't forget to check out the matterport room-by-room virtual tour walkthroughs. Schedule your showing today! Seller is licensed PA real estate agent.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Interior

Hot Water None

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871549560

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Rodney Ross • KW Commercial
Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
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