1001 POPLAR STREET 9

PHILADELPHIA , PA 19123

MLS#: PAPH2291330

$3,500,000

Status: Closed

Listing number: PAPH2291330

Listing provided by: EXP Realty, LLC

Listing agent phone: None

Last update: 10 months ago

On site: 1 year, 21 days ago

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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1965

Sq.Footage

N/A

Turn- key investment with lots of options. 8.57% cap rate! 1001 Poplar St adjoins the Northern Liberties section of the city – a very hot real estate market area. This prime real estate opportunity, presents a unique blend of commercial and residential potential. This property currently has a long term lease in place for $25,000 per month triple net. All expenses covered by tenant – make incredible cash flow day one. Options are boundless – keep tenant in place and develop northern portion of the site. Or keep renting and hold onto it and develop it completely in the future. Potential to build by right up to 25 home or create a thriving 37-home community. The versatile zoning permits a harmonious blend of residential and commercial development, catering to a range of investment strategies, and this property offers numerous pathways for revenue generation. This is a rare opportunity to capitalize on a prime piece of real estate in the vibrant Northern Liberties section of Philadelphia. Whether you're looking to create a residential community, commercial development, or a mix of both, 1001-9 Poplar St presents a canvas for your investment vision. As an added incentive, the commercial tenant in place will continue to pay rent while you receive zoning approvals! Again, the buyer has the advantage of assuming the commercial lease, contact us for details. Don't miss out on this chance to be a part of Philadelphia's thriving real estate market. The property address is 1001 Poplar Street. It encompasses two previous properties that were subsequently consolidated into one, namely, 1001-1009 and 1011-1035 Poplar Street. Contact us today to explore this exceptional investment prospect.

Features & Amenities

Interior

Total Bedrooms

N/A
Bathrooms

N/A
Cooling YN

NO
Cooling

None
Heating YN

NO
Heating

None

Exterior

Garage

No
Parking

Unassigned, Other
Pool

No
Waterfront YN

NO

Area & Lot

Lot Size(acres)

1.36
Property Type

Commercial Sale
Property Sub Type

Mixed Use

Price

Sales Price

$3,500,000
Tax Amount

25059.0
Sq. Footage

N/A
Price/SqFt

N/A

HOA

Association

No

School District

Elementary School

N/A
Middle School

N/A
High School

N/A

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Listing Courtesy of Danielle S. Py-Salas , EXP Realty, LLC

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TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com

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Turn- key investment with lots of options. 8.57% cap rate! 1001 Poplar St adjoins the Northern Liberties section of the city – a very hot real estate market area. This prime real estate opportunity, presents a unique blend of commercial and residential potential. This property currently has a long term lease in place for $25,000 per month triple net. All expenses covered by tenant – make incredible cash flow day one. Options are boundless – keep tenant in place and develop northern portion of the site. Or keep renting and hold onto it and develop it completely in the future.

Potential to build by right up to 25 home or create a thriving 37-home community. The versatile zoning permits a harmonious blend of residential and commercial development, catering to a range of investment strategies, and this property offers numerous pathways for revenue generation.

This is a rare opportunity to capitalize on a prime piece of real estate in the vibrant Northern Liberties section of Philadelphia. Whether you're looking to create a residential community, commercial development, or a mix of both, 1001-9 Poplar St presents a canvas for your investment vision. As an added incentive, the commercial tenant in place will continue to pay rent while you receive zoning approvals! Again, the buyer has the advantage of assuming the commercial lease, contact us for details. Don't miss out on this chance to be a part of Philadelphia's thriving real estate market. The property address is 1001 Poplar Street. It encompasses two previous properties that were subsequently consolidated into one, namely, 1001-1009 and 1011-1035 Poplar Street. Contact us today to explore this exceptional investment prospect.

1001 POPLAR STREET 9

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Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

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Listing Courtesy of Danielle S. Py-Salas , EXP Realty, LLC

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