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140 South St & 608 S HANCOCK ST

PHILADELPHIA, PA 19147
  • $5,400,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: PAPH2037314
$5,400,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,820
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

VERY LARGE PROPERTY 66 X 90 consists of BOTH 140 South St (Tax ID 881571550) AND 608 Hancock St. (Tax ID023097545)10 UNITS all together!!Great opportunity to own an income producing property located in an excellent Queen Village location just off of Head House Square. This unique property consists of the famous South Street Diner, nine apartments (four one bedroom units and five two bedroom units) and two garages. The building generates $246,000 in rental income per year. 140 South St consists of a leased restaurant(South St Diner) with 4 1BR units on top 2 floors with great natural light.The 608 Hancock property was built in 2010 consists of 2-one car garages 5- 2BR units that sits over 140 South St. There is an elevator and sprinkler system installed. All units have hardwood floors, central air, washer & dryer in each unit.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McCallister Myers & Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-08T23:50:38.173.
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140 South St & 608 S HANCOCK ST PHILADELPHIA, PA 19147

  • Price: $5,400,000
  • Status: Active
  • On Site: 53 Days
  • ID#: PAPH2037314
0
Beds
0
Baths
0
½ Baths
0.12
Acres
17,820
SQFT
$303
$/SQFT
1930
Built
Neighborhood:
Queen Village
County:
Philadelphia
Area:
19147 (19147)
School District:
The School District Of Philadelphia
Property Description
VERY LARGE PROPERTY 66 X 90 consists of BOTH 140 South St (Tax ID 881571550) AND 608 Hancock St. (Tax ID023097545)10 UNITS all together!!Great opportunity to own an income producing property located in an excellent Queen Village location just off of Head House Square. This unique property consists of the famous South Street Diner, nine apartments (four one bedroom units and five two bedroom units) and two garages. The building generates $246,000 in rental income per year. 140 South St consists of a leased restaurant(South St Diner) with 4 1BR units on top 2 floors with great natural light.The 608 Hancock property was built in 2010 consists of 2-one car garages 5- 2BR units that sits over 140 South St. There is an elevator and sprinkler system installed. All units have hardwood floors, central air, washer & dryer in each unit.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage Spaces 2.00 Garage Type Garage Door Opener Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Attached Garage Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 17820 Basement UnfinishedGarage Access Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 5

Property Features

Accessibility Features None Assessment Year 2021 Central Air YN Yes Cooling Fuel ElectricNatural Gas Elevators 1 Gross Income 326000.00 Heating Fuel ElectricNatural Gas Hot Water ElectricNatural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 80000.00 New Construction YN No Number Of Units Leased 9 Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 801113425992 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 41197.00 Tax Assessment Amount 2943100.00 Tax Lot 108 Total Actual Rent 326000.00 Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Bhhs Fox & Roach-Center City Walnut.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McCallister Myers & Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-08T23:50:38.173.
 
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York PA, 17403