2007 N Front St, Philadelphia, PA 19122

$680,000
: 2,704
SqFt

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List Price: $680,000
Status: ACTIVE
MLS#: PAPH2678604
Subtype: Multi-Family
Style: Bi-Level, Dwelling with Rental, Other
Year Built: 1875
Living Area: 2,704
Lot Size: 1,197
Acres: 0.03
Subdivision: Fishtown
MLS Area Major: 19122 (19122)

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Property Description

INVESTORS, OWNER-OCCUPANTS & MULTIFAMILY BUYERS — OPPORTUNITY AWAITS! Welcome to 2005-2007 N. Front Street, a unique Philadelphia property offering an exciting combination of existing residential units, income-producing potential, and future value-add possibilities. The property is legally zoned CMX-2.5 and currently holds rental licenses for two residential units. The existing residential configuration includes a one-bedroom apartment located in the rear with access from Amber Street, as well as a spacious three-bedroom bi-level apartment occupying the second and third floors. For investors looking to maximize the property's potential, the first-floor portion offers an additional opportunity for future use, including the possibility of a commercial component, subject to applicable zoning, permits, approvals, and Certificate of Occupancy requirements. This creates an attractive opportunity for a buyer looking to combine residential rental income with a potential business or commercial use under one roof. The seller has already taken steps toward the property's continued development and has submitted documentation to the City of Philadelphia, with permits, plans, and approvals available for buyer review. Additional documentation includes current rental licenses, lead inspection documentation/results, and supporting property plans. Whether you're an investor looking to expand your portfolio, an owner-occupant interested in living in one unit while generating income from another, or a buyer searching for a flexible mixed-use opportunity, this property offers multiple avenues to create value. The property is being sold strictly AS-IS, and the new buyer will be responsible for completing any outstanding requirements and obtaining the applicable Certificate of Occupancy and/or final City approvals required for their intended use. Buyer and buyer's agent are responsible for independently verifying zoning, permitted uses, licenses, permits, approvals, square footage, rental potential, and City requirements. Bring your vision, complete the process, and unlock the full potential of 2005–2007 N. Front Street!

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Additional Information

Interior Features: Second Kitchen, Multiple Staircases, Shower Stall, Tub Shower, Breakfast Area, Ceiling Fans, Dining Combo, Dining Combo, Crown Molding, Separate Dining Room, Entry Level Bedroom, Open Floor Plan, Eat-in Kitchen, Recessed Lighting, Den/Library/Office, Upgraded Countertops, Other
Exterior Features: Awning(s), Lighting, Storage, Sidewalk, Street Lights, Other
Taxes: $6,210
Property Description: Bi-Level, Dwelling with Rental, Other
Zoning: CMX25
Flooring: Tile, Heavy Duty, Laminate, Other
Appliances: Refrigerator, Stove, Water Heater
Heating: Forced Air, Electric Baseboard, Wall Furnace, Other
Air Conditioning: Ceiling Fan(s), Central Air, Ductless Mini-Split, Window/Wall
Roof: Flat
Foundation: Brick/Mortar
Parking Features: Concrete Driveway, Lighted, Paved Driveway, Private, Secured
Garage Spaces: 1
School District: Philadelphia City