2518 MEMPHIS ST Philadelphia, PA 19125
2 Beds
1 Bath
1,176 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $169
Subdivision Fishtown
MLS Listing ID PAPH2614824
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,176
Year Built 1875
Annual Tax Amount $3,989
Tax Year 2025
Lot Size 756 Sqft
Acres 0.02
Lot Dimensions 14.00 x 54.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents.
The property features separate PECO and PGW utility meters for easy tenant management, with one shared water service located at 2518. The basement houses the building mechanicals and is easily accessible from a private exterior entrance on Firth Street.
Location is everything, and this property delivers. Tenants will love being just steps away from local favorites like Meetinghouse and Cook + Shaker, and just a short stroll from the vibrant Frankford Avenue corridor. Commuters are just 10 minutes from Center City and have rapid access to I-95.
Both units must be sold together. The property is being sold in strictly "as-is" condition, and the seller will not accept any zoning contingencies.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning RSA5
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1176
Sewer No Septic System
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Kensington
School District Philadelphia City
Others
Senior Community No
Tax ID 312010600
Ownership Fee Simple
SqFt Source 1176
Special Listing Condition Standard
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