Philadelphia, PA 19134 2981 Memphis Street
$330,000
13 more
Presented By: EXP Realty, LLC
Beds • 3
Beds • 3Home Details
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Presented By: EXP Realty, LLC
Interior Features for 2981 Memphis Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterNone
General for 2981 Memphis Street
Acceptable FinancingConventional, Cash, FHA 203(k), Other
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPD 2981 Memphis st. It's the corner store on the left hand side.
ExclusionsStore Appliances
Garage Y/NNo
HeatingBaseboard - Electric, 90% Forced Air
Lot Size Square Feet1551.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
ModificationTimestamp2025-05-23T09:58:30
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD, Immediate
Price Per Sq Ft Total AG166.84
Property ConditionBelow Average
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOver Storefront
Subdivision NamePORT RICHMOND
Tax Annual Amount2954.0
Tax Assessed Value211100.0
Tax Lot16
Tax Year2024
Total Actual Rent30000.00
Total SQFT1978
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningRSA5
Exterior for 2981 Memphis Street
Gulf-FrontNo
Land Assessed Value42220.00
Land Use CodeY30
Lot Dimensions24.00 x 65.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
