1818 Ludlow Street
Philadelphia, PA 19103
MLS #7150418

Multi-Family
  • 3units
  • 5beds
  • 1+1½baths
  • 0.01acres
  • 1,575sq ft
ACTIVE $599,000
Est. P&I payment: $2287.77/mo
1818 Ludlow Street, Philadelphia, PA 19103
Share  
Description for 1818 Ludlow Street, Philadelphia, PA 19103
Extremely Rare opportunity to purchase an affordable building off of Rittenhouse Square's "Famed Restaurant Row" with High Income and Capital Appreciation potential! The properties along Ludlow Street rarely ever come up for sale. This building is zoned CMX5 and it's layout can be easily converted into a 3 unit money maker! You can put a retail commercial/restaurant space on the Ground floor and a 1 bedroom 600 sq foot apartment on the 2nd floor and a studio apartment on the 3rd floor. Great for an owner/operator where you can own your own building for your business and bypass the 5 figure monthly rents in the area while living upstairs. Your one block from the new Comcast Center and right next door to Rittenhouse Square's newest 11 story hotel project, "Pod Philly" slated to open in 17 months on September 2019, with 252 rooms , roof top lounge, restaurant & coffee shop on the ground floor. Tria Wine Garden just doors away on 18th is slated to open this spring. The CMX5 zoning permits many uses as of right from take out restaurant to retail store. This property is being sold "AS IS" with No Contingencies & Tenant Free with No Leases. You can start your conversion immediately. Please note that 1816 Ludlow which is contiguous and next door to this property is also up for sale so both buildings can be purchased for 1.2 million for a total of 3,200 square feet of commercial space in Rittenhouse.
MLS #7150418
Tour This Property In Person
Request a Showing
 

My Notes for MLS #7150418

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: Triplex,​AptBldg,​Stor&Res
  • Gross Square Feet: 1,575
  • Land Square Feet: 600
  • Total Units: 3
  • Property Age: 100
  • County: PHILADELPHIA
  • Subdivision: RITTENHOUSE SQUARE

Exterior Features

  • Water Front: N
  • Exterior: Brick
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: Permit Required

Interior Features

  • Basement: Y
  • Basement Type: Partial
  • Beds Unit 1: 3
  • Partial Bath Count Unit 1: 1
  • Room Count Unit 1: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 2
  • Baths Full Unit 3: 1
  • Room Count Unit 3: 1

Utilities Features

  • Central Air: Y

Financial Features

  • Tax Year: 2018
  • Total Assessment: 313,400
  • Total Taxes: 4,387

School Features

  • School District: Philadelphia

Miscellaneous Features

  • New Construction: N
  • Type: Row/Town/Clu

Location

 
Street View Not Available
Directions to 1818 Ludlow Street, Philadelphia, PA 19103
Ludlow Street is located between Chestnut and Market Streets and in between 18th & 19th Streets
The listing information for 1818 Ludlow Street, Philadelphia, PA 19103 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Center City

Get Financing for 1818 Ludlow Street, Philadelphia, PA 19103

($ or %)
%
P&I Payment $2287.77
Request More Listing Information
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty JP Rothermel's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty JP Rothermel, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
© 2018 TReND, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Broker ReciprocitySM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by TReND through a licensing agreement. Some properties listed with participating firms do not appear on this website at the request of the seller. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in Broker ReciprocitySM and their listings do not appear on this website.
Last Updated 04/25/2018 at 8:04am
Agent Login    |    Powered by Onjax
Create Free Account or
Michael "Mike" Deehr
By using our site, users agree
to the terms and privacy policy
Equal Housing Opportunity Realtor MLS
Sign-In or