1770 Mascher StPhiladelphia, PA 19122

  • Mixed-use properties
  • 2,422 SF
For Sale
$850,000 View listing

Property Details for 1770 Mascher St

Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.02 AC
Property size (Sq ft)
2,422 SF
Zone code
RSA5
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
87-1-5247-20
APU
871524720

Description

This exceptional mixed-use property, located at 1770 N Mascher St, Philadelphia, PA 19122, presents a unique investment opportunity. The three-story building boasts 2,424 square feet and is situated in a rapidly developing area of Philadelphia, close to Frankford Avenue's vibrant restaurant scene and surrounded by new residential construction. The property is currently vacant, offering immediate occupancy. The first floor features a retail space with recently installed flooring, fresh paint, and new windows, ideal for a variety of businesses. The upper floors comprise a fully updated four-bedroom, three-bathroom residential unit. While the HVAC system requires updating, the seller is offering a credit of up to $15,000 towards the cost with an acceptable offer. The property is zoned RSA-5. This owner-user investment opportunity is being offered at $850,000 ($350.66 per square foot). Seller financing may be considered with a 30% down payment and a qualified borrower. The property is sold as-is. This is a fantastic chance to own a versatile property in a thriving neighborhood.

1770 Mascher St, Philadelphia, Pennsylvania
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Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9773
Longitude
-75.136
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
$2,604
$37,200
$148,800
$186,000
-
$37,200
$148,800
$186,000

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