813 Latona StPhiladelphia, PA 19147

  • Industrial properties
  • 868 SF
For Sale
$175,000 View listing

Property Details for 813 Latona St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.01 AC
Property size (Sq ft)
868 SF
Zone code
RSA5
Property type
Industrial properties
Property subtype
Other industrial properties
APN
88-4-3404-71
APU
884340471

Description

This exceptional mixed-use property, located at 813 Latona Street in Philadelphia, Pennsylvania's vibrant Passyunk Square neighborhood, presents a unique investment opportunity. The 868 square foot building, constructed in 1915, features two stories and sits on an 868 square foot lot. Currently configured with a ground floor suitable for office, storage, or garage use, and a recently remodeled second floor with a kitchenette and full bathroom, this property offers incredible versatility. The second floor's renovation adds modern convenience to the historic charm of the building. The property is zoned RSA5 and is offered fee simple. Its unbeatable location, just 50 feet from Geno's Steaks and the Italian Market, boasts a Walk Score of 96, a Transit Score of 74, and a Bike Score of 81, ensuring easy access to amenities and transportation. The building requires some TLC, but the potential for return on investment is significant given the high-traffic location and the current month-to-month tenancy. Nearby attractions include numerous restaurants, schools, and parks. The property is also conveniently located 18 minutes from the BSL NRG Station. This is an ideal owner-user opportunity in a highly sought-after area. The asking price is $175,000, translating to $201.61 per square foot. The property includes one unit and is classified as Class C. This is a rare chance to own a piece of Philadelphia's rich history and vibrant culinary scene.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $277,412
    Hospitality
    $254,108
    Educational
    $211,414
    Medical
    $218,685
    Retail
    $328,867
813 Latona St, Philadelphia, Pennsylvania
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Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9337
Longitude
-75.1581
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,680
$24,000
$96,000
$120,000
-
$24,000
$96,000
$120,000

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