$405,000
$419,990
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,200 Sqft Lot
SOLD DATE : 07/26/2023
Key Details
Sold Price $405,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2192196
Sold Date 07/26/23
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $1,098
Tax Year 2023
Lot Size 1,200 Sqft
Acres 0.03
Lot Dimensions 16.00 x 75.00
Property Description
Sales includes two building 2832( 2story, 16x75, building 2,192 SQFT ) & 2834 Kensington Ave(3 story, 16x75, 2,160 SQFT, two building total 4,352 sqft) and laundromat business , 10 bedrooms and 4 full bathroom and 2 half bathroom. Turn key laundromat, apartment and 7 car garages in the corner of commercial Kensington St next to subway Somerset Station. Owner owned and operated laundromat since 2008. Laundromat on first floor of both building; 26 washers, 34 dryers, A office, a folding station, two half bathrooms(one for public and the other one for staff) and back utility room with a 350 gallon hot water tank by gas which is only a few years old.
Owner currently occupies the 2nd and 3rd floor. The second floor can be separated into 2-3 units. Access to 2nd floor can go through office and rear street gate: 1 master bedroom with master bathroom, 9 bedrooms and 3 additional full bathroom. Harwood floor cover all 2nd and 3rd floor for both buildings. A large sitting hall on the 2834 Kensington part. A large eat in kitchen on the 2834 Kensington side.
Large full basement for more storage. Many metal polls support the beams to enhance the floor. 3 electric meters for laundromat, 2832 and 2834 Kensington; 2 gas meters for laundromat and residential area.
Many options for the new owner to make more profit from the laundromat and all residential area.
Income: laundromat, ATM machine, garage rental (only two garages are rented out for 100 and 80 each month, other 5 can also be rented out for at least 125 each); Owner used to have Tobacco license, new owner can get it with additional income.
Ask listing agent for more financial detail.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Waterfront N
Water Access N
Accessibility Ramp - Main Level
Parking Type On Street, Private Garage
Total Parking Spaces 7
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871512080
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Brannon Sweigart • Keller Williams Philadelphia
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