2532 Coral Street, Philadelphia, PA 19125

$650,000
List Price
$650,000
Days On Market
13
Status
ACTIVE
MLS#
PAPH814666
Lot Size (Acres)
0.02
County
Philadelphia

Property Description

Zoned for live entertainment, this fantastic mix use building is located in the heart of East Kensington! Bar is on 1st floor with "cold" kitchen, 2 accessible bathrooms, bar, pool table, seating, ice machine and all the other essentials, like a brand new 4 ton HVAC for the bar plus walk-in refrigerator box, other mechanicals and storage. Deliveries are a breeze, with the basement's exterior Bilco doors . Estimated rental income if rented out rather than owner-run would be $3000/month. Liquor license to be sold for additional fee. Upstairs, the 2nd and 3rd Floor (2 bed/2 full bath) rental also has also has central air, in-unit laundry, and a separate exterior entrance. The unit can also possibly have a roof deck added to the 3rd floor master bedroom which has en suite bathroom & vaulted ceiling. Estimated rent for 2 bedroom is $1400 in current state or $1800 if upgraded. Property to be delivered vacant of business & resident, and all equipment to be sold with the property. Found in the growing East Kensington neighborhood at the corner of Coral and Sergeant Streets, this is one you don't want to miss!

Additional Information

Area
19125 (19125)
Subdivision
Kensington
Taxes
$3546
Heating
90% Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Philly.