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$230,000

Beds
2
Baths
2.5
sq ft
1,497

2570 Emerald St, Philadelphia, PA 19125

2570 Emerald St

PHILADELPHIA, PA 19125

  • 10 days on market
ATTENTION BUYERS/INVESTORS THIS PROPERTY IS IN SHELL CONDITION. CURRENTLY MIXED USE WITH COMMERCIAL ON 1ST LEVEL AND APARTMENT ON 2ND. THIS PROPERTY CAN BE TURNED INTO A 4 STORY RESIDENTIAL PROPERTY WITH APPROVED ZONING BY THE CITY OF PHILADELPHIA . Prime Builder/Contractor Opportunity in Desirable Philadelphia Location Unlock the potential of this versatile CMX-1 zoned property in one of Philadelphia’s most sought-after neighborhoods. This mixed-use gem offers endless possibilities for savvy investors and developers. Key Features: Zoning: CMX-1, allowing for a range of uses including commercial and residential. Expansion Potential: Explore the option to add a third story with a roof deck (pending city approval) to maximize space and enhance city views. First Floor: Previously a storefront, this space can be revitalized into a vibrant commercial unit or converted into a chic apartment, aligning with today’s trendy urban living. Second Floor: Currently framed and partially plumbed and wired, offering a blank canvas for customization and finishing to your specifications. Location: Corner property in a rapidly developing area with new multi-unit constructions. Close proximity to major highways and downtown Philadelphia ensures convenience and high visibility. With new construction all around and a location poised for continued growth, this property is perfect for those looking to make a significant impact in a thriving neighborhood. Seize this opportunity and bring your vision to life today!

Details

Property type

Townhouse

Property condition

Fixer

Lot size

896 sq ft

Price per sq ft

$154

Year built

1875

Annual property taxes

$1,879

HOA

No

Price History

02/12/2025
Bright

Bright #PAPH2445200

Listed
$230,000

Schools & Community

Neighborhood: 

East Kensington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

KENSINGTON

School district: 

PHILADELPHIA CITY

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Velocity Commercial Capital Llc

Loan start date

November 2020

Original loan amount

$140,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Commercial

Seller

Fsconcepts Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 3:45 PM

Listing updated: 02/12/2025 at 9:09 PM

Listed by: Anthony F DiCicco, Keller Williams Real Estate - Newtown Phone #: (215) 860-4200

MLS: Bright #PAPH2445200

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