2124-2126 E LEHIGH AVE new to site

Philadelphia,PA 19125

$ 820000

4 Beds

1 Bath

3311 SqFt


Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,311 sqft

Price per Sqft $247

Subdivision East Kensington

MLS Listing ID PAPH2464254

Style Traditional

Bedrooms 4

Full Baths 1

Year Built 1875

Annual Tax Amount $3,961

Tax Year 2024

Lot Size 1,376 Sqft

Property Sub-Type End of Row/Townhouse

Property Description

2124 E Lehigh Ave and 2126 E Lehigh Ave present an incredible investment opportunity in the heart of Fishtown, available together for $1,050,000. This combination offers the rare chance to own a historic mixed-use property alongside a prime redevelopment project, both in one of Philadelphia's most dynamic neighborhoods.

2126 E Lehigh Ave is a unique mixed-use property with a rich history, currently set up as a duplex. The first floor features a bar that has been a staple in the neighborhood for many years, while the upper levels are home to two spacious 2-bedroom apartments, providing both residential and commercial potential. The bar offers a prime opportunity for continued operation or a fresh new venture. The two 2-bedroom apartments above provide ample rental income potential or could be perfect for owner-occupancy, making this property an ideal investment for those seeking both commercial and residential spaces. Zoned RSA5, the property maintains residential flexibility while its mixed-use setup allows for creative redevelopment options.

Located just next door, 2124 E Lehigh Ave offers an exciting opportunity for those with vision and a passion for renovation. Currently a shell, with only half of the structure still standing, this property provides a blank canvas for your next project. The lot offers ample space to design a modern, custom home or potentially multiple units, depending on your investment goals. With Fishtown's rapid development and increasing demand for residential and commercial properties, 2124 E Lehigh is perfect for investors or buyers looking to restore a historic building to its former glory or create something entirely new.

Fishtown is a rapidly growing area with a flourishing arts and dining scene, easy access to public transportation, and a variety of local amenities, making it a prime location for both business and residential opportunities. Don't miss out on the chance to own a property with limitless potential in one of Philadelphia's most sought-after neighborhoods. A liquor license is available for purchase separately for $200,000.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Other

Cooling None

Exterior

Water Access N

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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