$650,000

2532 Coral St

PHILADELPHIA PA, 19125

Description

Zoned for live entertainment, this fantastic mix use building is located in the heart of East Kensington! Bar is on 1st floor with "cold" kitchen, 2 accessible bathrooms, bar, pool table, seating, ice machine and all the other essentials, like a brand new 4 ton HVAC for the bar plus walk-in refrigerator box, other mechanicals and storage. Deliveries are a breeze, with the basement's exterior Bilco doors . Estimated rental income if rented out rather than owner-run would be $3000/month. Liquor license to be sold for additional fee. Upstairs, the 2nd and 3rd Floor (2 bed/2 full bath) rental also has also has central air, in-unit laundry, and a separate exterior entrance. The unit can also possibly have a roof deck added to the 3rd floor master bedroom which has en suite bathroom & vaulted ceiling. Estimated rent for 2 bedroom is $1400 in current state or $1800 if upgraded. Property to be delivered vacant of business & resident, and all equipment to be sold with the property. Found in the growing East Kensington neighborhood at the corner of Coral and Sergeant Streets, this is one you don't want to miss!

Details

MLS#PAPH815728
Sub-TypeResale
StatusActive
Year0
Days On Site98

Features

SQ Feet2,464
Units2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19125
Area19125 (19125)
Listing VS Median (in 19125)
Price:
$650,000
low | high
Med:
$307,450
100% of Average
SqFt:
2,464
low | high
Med:
784
100% of Average
$ / SqFt:
$264
low | high
Med:
$97
100% of Average
On Site:
98
low | high
Med:
116.500000
84.12017167382% of Average
Listing Updated: 10/15/2019
MLS Number: PAPH815728
Listing Provided By:
Noah S Ostroff  of  Keller Williams Philly