Philadelphia, PA 19127,4361 CRESSON ST
Philadelphia, PA 19127,4361 CRESSON ST
Philadelphia, PA 19127,4361 CRESSON ST
Philadelphia, PA 19127,4361 CRESSON ST
Philadelphia, PA 19127,4361 CRESSON ST
Philadelphia, PA 19127,4361 CRESSON ST
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$ 900,000
Est. payment | /mo

3,002 SqFt


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$ 900,000
Est. payment | /mo
Save

3,002 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,002 sqft

Price per Sqft $299

MLS Listing ID PAPH2343508

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $3,512

Tax Year 2024

Lot Size 1,158 Sqft

Acres 0.03

Lot Dimensions 19.00 x 60.00

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

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 12

Garage N

Building

Sewer No Septic System

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871527235

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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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(215) 920-2116

janis@settledownphiladelphia.com

444 N 4th St, Philadelphia, PA, 19123, United States

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4361 CRESSON ST