12 N 3rd St, Philadelphia, PA, 19106

12 N 3rd St, Philadelphia, PA, 19106 < >
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for sale
$1,795,000
Square Feet:7000
Lot Size:0.03 Acres
Year Built:1900
Status:Active Under Contract
MLS #:PAPH2021678
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
The sale of 12 N 3rd Street is an excellent redevelopment opportunity located in historic Old City. This opportunity is a five-story building with a building area of 7,000 SF +/-. The building has approximately 26’ of frontage on N. 3rd Street. The seller has plans for a mixed-use building, featuring (1) commercial space and (4) 2 bed/ 2 bath apartments. The seller currently has a LOI with a short-term apartment rental company to master lease all of the residential units after the renovation is complete. Located in the Keystone Innovation Zone, the property is also ideal for a business looking for a new home. Located right off of Market Street, the property is located within a Keystone Innovation Zone which allows for certain business-based tax credits. It is exceptionally located in Old City with close proximity to many restaurants, cafes, commercial and residential developments, and historic sites. This property is zoned CMX-3 with various additional Center City overlay requirements. Approved by-right uses include a wide-range of residential and commercial options. The building resides within the Old City Historic District and is listed as contributing on the historic register.
Interior Details
Building Total SQFT: 7000.00Elevators Count: 1

Exterior Details
Lot Size Acres: 0.03Lot Size Dimensions: 25.25 x 59.00
Lot SQFT: 1490.00

Community Information
County: PHILADELPHIACross Street: Market
Municipality: PHILADELPHIASubdivision Name: OLD CITY
Zoning: CMX3

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Other, Apartment Building, Day Care Facility, Hair Sa
DOM: 68MLS Area: 19106 (19106)
New Construction YN: NProperty Sub Type: Mixed Use
Year Built: 1900

Utilities
Cooling Type: Central A/CHeating Type: Central
Sewer Septic: Private SewerUtilities: Other
Water Source: Public

Listing Information Courtesy of:
Buyer Agent Full Name: Non Member
Buyer Office Name: Non Subscribing Office
List Agent Full Name: Nadia T Bilynsky
List Office Name: Mallin Panchelli Nadel Realty, Inc

Walk Score® for 12 N 3rd St
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Monthly Payment for 12 N 3rd St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$1,795,000
Down Payment:
Loan Amount:$1,436,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Nadia T Bilynsky, Mallin Panchelli Nadel Realty, Inc

Information obtained from Bright MLS is current as of 10/25/2021 5:33 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.
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