5237-39 LAURENS ST
Philadelphia, PA 19144

Sold 5/27/2016
Commercial

This is the biggest bargain you can get in this majorly upcoming area. Come check out this great deal and check the city assessed value in relationship to the asking price. Owner is ready to sell. This is a very unique property in a very uniquely diverse, changing and developing area. This property consists of two addresses, one lot is a 3 story singlefamily home currently used to accommodate three families. The first floor is currently used as a one bedroom apartment, The second floor consists of a dining area, bathroom with shower stall, bedroom and eat in kitchen, third floor consists of three bedrooms and bathroom. The basement is accessed through a separate door and is partially finished with a half bathroom and laundry facilities. According to the owner the basement was once rented out as office space. There is also a rear patio off of this lot. The second address/lot consists of a storefront which is currently being rented out as a neighborhood grocery store with a month to month lease. Behind the storefront there is a sizable fenced in deck area and a lot where you can park multiple cars. This property is within walking distance to Septa and the regional rail lines as well as a short drive to the expressway. It is fully occupied by three families and a business owner. It is in need of some TLC and is being sold AS-IS. Purchaser will be responsible for any repairs needed by a lender if purchaser needs mortgage financing and will also be responsible for the U&O. Imagine getting two lots/properties in this up and coming area for less than the price of one. Bring your buyers with a creative mind with Cash or possibly creative financing. Show and sell.

Property Details
  • Philadelphia
    school district
  • $2,518.00
    taxes
  • 1918
    built
  • 3
    stories
  • 6698640
    MLS#
School district: Philadelphia
Lot acreage is: 0.05
Lot dimension is: 24X92
Subdivision: GERMANTOWN
Lot zoned: RTA1
Public sewer
Public water
Property style: 1
Tax year: 2016
Courtesy of:
Leverage Real Estate

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Address Distance Sale date Sale price
5237-39 LAURENS ST 0 mi. 5/27/2016 $109,000
5239 MORRIS ST 0.14 mi. 10/27/2017 $60,000
5011-13 WAYNE AVE 0.46 mi. 9/28/2016 $100,000
4611 WAYNE AVE 0.69 mi. 3/6/2017 $99,574
43 W MAPLEWOOD MALL 0.72 mi. 12/2/2016 $70,000
5155 GERMANTOWN AVE 0.73 mi. 3/15/2018 $90,000
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5237-39 LAURENS ST, Philadelphia, PA 19144 commercial was sold for $109,000.
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Data last updated: 4/22/2018.