701 N 63Rd Street, Philadelphia, PA 19151-3804 $450,000

# of Units: 3
Interior Sq. Ft: 4,627
Acreage: 0.06
Age:110 years
MLS#: PAPH2426936
Design/Type:
Detached

Description

Welcome to 701 N 63rd St - a property full of possibilities! The highest and best use of this property is 3 residential units and either 1 or 2 commercial units, depending on how you utilize the space. The main entry way should function as a common space, and can be turned into a foyer or mailroom. This spacious floor has ample room to be used as a commercial space after passing the stairs, which would lead to residential units. This level has a half bath and a large kitchen with an industrial fridge and stove/hood. The second floor has a separate staircase accessible through the main foyer as well as the rear of the first floor. This floor has 4 rooms and a large bathroom. The third floor has 3 rooms and a full bathroom. The highest and best use is to make both the second and third floors into individual flat apartments. In the lower level, the fully finished basement has its own private entrance on the side of the building. This space runs the length of the home and has multiple rooms that can be used as offices, a daycare, medical office, educational facilities, retail and much more. It also has a full bathroom. The highest and best use of this property is to make the first, second and third levels individual flat apartments. The walkout basement level and detached garage could be one business or two separate commercial spaces. The current owner had plans to create 3 residences, a daycare and a salon in the detached garage. As a 4 unit, this would be eligible for conventional renovation loan financing - reach out for more information on this option.

Home Assoc: No
Condo Assoc: No
Garage: Y
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Hot Water & Baseboard - Electric Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Detached Garage, Other, Detached Garage Spaces #: 3;

Interior
Accessibility - Kitchen Mod, Accessibility - Level Entry - Main,

Exterior
Brick/Mortar Foundation, Masonry

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 1/13/2025.