2981 Memphis Street

Philadelphia, PA 19134

$385,000
Price
Beds
1,978 Sq. Ft.
$195 / Sq. Ft.
1,978
Sq. Ft.
$195
per Sq. Ft.

Description

2981 Memphis St., Philadelphia PA 19134 is a mix-use commercial property legally zone for a two unit building. The first floor commercial unit of this building is being rent to a small convenience store that is still operating and currently rented for $2000 a month. Their lease is up next year with no option to renew. The second floor features a three bedroom, one bathroom apartment with force air heating and central air. A lease is currently not in place for second floor unit. Asking price is $385000...2981 Memphis St., Philadelphia PA 19134 is a mix-use commercial property legally zone for a two unit building. The first floor commercial unit of this building is being rent to a small convenience store that is still operating and currently rented for $2000 a month. Their lease is up next year with no option to renew. The second floor features a three bedroom, one bathroom apartment with force air heating and central air. A lease is currently not in place for second floor unit. Asking price is $385000 property is being sold in as-is condition. Seller is motivated.
  1. Listed by Keyon Whiting • Realty Mark Associates
    P: (215)-313-6521 keyonwhiting@gmail.com

Property Details for 2981 Memphis Street

Tax ID Number
871532080
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Traditional
Waterfront
No
Garage
No
Cross Street
1917 Welsh Road
Municipality
PHILADELPHIA
LISTING UPDATED: 09/18/2024 12:33 AM

Property Details for 2981 Memphis Street

StatusActive
MLS #PAPH2382622
Days on Market108
Taxes$2,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,551 SF
CountyPhiladelphia County

Building Information for 2981 Memphis Street

Stories-Residences3Year Built1925Building Size-Lot Size0.04 AC / 1,551 SF

Property Information for 2981 Memphis Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19134 (19134)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $205,500
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $164,400
  • City Town Tax: $1,298
  • Land Assessed Value: $41,100
  • Clean Green Assessed: No
  • Land Use Code: Y30
  • Zoning: RSA5
  • Tax Lot: 16
  • School Tax: $1,578
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Units Leased Count: 2
  • Rent Control: No
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 1,978.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 24.00 x 65.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1034621
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Cooling Fuel: None
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS

Property History for 2981 Memphis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2981 Memphis Street

Taxable ValueLand$41,100Additions$164,400Total$205,500
Tax Record2023$2,877 ($240 / month)
Home Facts
Total Finished SqFt1,925 SqFtAbove Grade Finished SqFt1,925 SqFtStories2Lot Size1,551 SqFtStyleOffice BuildingYear Built1925ZoningRSA5CountyPHILADELPHIAAPN87-1-5320-80

Schools near 2981 Memphis Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Richmond School
PublicK to 5

Memphis Street Academy Charter School
Charter5 to 8

Kensington Culinary Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2981 Memphis Street is a multi-family home for sale in Philadelphia, PA 19134. This property was listed for sale on August 2, 2024 by Realty Mark Associates, it's currently listed at $385,000. It has been on the market for a total of 108 days and was last sold on February 14, 2006. This listing's school district is The School District of Philadelphia. Nearby schools include Richmond School, Memphis Street Academy Charter School and Kensington Culinary Arts. 2981 Memphis Street is a 0-bed, 0-bath, 1,978 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Mark Associates

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.