2347 East Somerset Street
2347 East Somerset Street
Description
alongside two residential properties (2345-2343). With 2347 Somerset St. previously being a mixed-use
pizza shop, all of the equipment is included, giving a fully equipped pizza shop. Boasting a prime location just off Aramingo Ave., these properties offer convenience and accessibility,
with a remarkable walking score of 80. Tenants will relish the proximity to local favorites such as
Tacconelli's...Included in this enticing package are three properties to be sold together: a mixed-use townhome (2347)
alongside two residential properties (2345-2343). With 2347 Somerset St. previously being a mixed-use
pizza shop, all of the equipment is included, giving a fully equipped pizza shop. Boasting a prime location just off Aramingo Ave., these properties offer convenience and accessibility,
with a remarkable walking score of 80. Tenants will relish the proximity to local favorites such as
Tacconelli's and Stock's Bakery, as well as the vibrant shopping destination of Fishtown Crossing, which
boasts nearly 30 shops, including GNC, Hair Cuttery, Starbucks, and IGA Supermarket, just a short
stroll away. This turnkey pizza shop, combined with the potential for mixed-use
development, presents a compelling proposition for those seeking to maximize their investment potential
in Philadelphia's dynamic real estate landscape. Investors have the exciting opportunity to capitalize on
the potential for converting the single units within the property package at 2347-45-43 E. Somerset
Street into multi-family residences or commercial mixed-use (CMX) spaces. Leveraging the strategic
location just northeast of the Conrail tracks in Port Richmond, Philadelphia, these properties offer a
fertile ground for innovative development. Whether it's reimagining the existing mixed-use townhome
(2347) or repurposing the adjacent residential properties (2345-2343) into multi-family apartments or
flexible CMX spaces, the prospects for adaptive reuse are vast. Total square footage for building improvements is 4,696 soft including all three properties (2343: 1504 sqft; 2345: 1692 sqft; 2347: 1500 sqft). Total land square footage is 4816 sqft including all three properties (2343: 1173 sqft; 2345: 1320 sqft; 2347: 2323 sqft).
- Listed by Robert N Coyle III • RE/MAX TruistP: 8565715114 bobby.coyle@remaxtruist.com
Property Details for 2347 East Somerset Street
Location
Property Details for 2347 East Somerset Street
| Status | Active |
|---|---|
| MLS # | PAPH2342574 |
| Days on Market | 49 |
| Taxes | $2,242 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Fee Simple |
| Year Built | 1925 |
| Lot Size | 0.11 AC / 4,816 SF |
| County | Philadelphia County |
Location
Building Information for 2347 East Somerset Street
Payment Calculator
$7,549 per month
30 year fixed, 7.25% Interest
$7,362
$187
$0
Property Information for 2347 East Somerset Street
- School District Name: PHILADELPHIA CITY
- School District County ID: 802785881492
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19134 (19134)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Senior Community: No
- Tax Year: 2023
- Tax Assessed Value: $160,200
- Year Assessed: 2023
- Improvement Assessed Value: $128,160
- City Town Tax: $1,011
- Land Assessed Value: $32,040
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: S30
- Zoning: CMX1
- School Tax: $1,230
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: Yes
- # Bedrooms Count Main Level: 0
- # Bedrooms Count All Upper Levels: 2
- # Bedrooms Count Upper Level: 2
- # Bathrooms All Lower Levels: 1
- # Bathrooms Full All Lower Levels: 0
- # Bathrooms Half All Lower Levels: 1
- # Bathrooms Lower Level: 1
- # Bathrooms Full Lower Level: 0
- # Bathrooms Half Lower Level: 1
- Stories: Lower 1, Main, Upper 1
- Total Finished SQFT: 1,500.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,500.00
- Total SQFT: 1,500.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Basement Type: Unfinished
- Foundation Details: Other
- Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bathrooms Half-Lower Level 1-1
- # Bathrooms Full: 0
- # Bathrooms Half: 1
- Lot Size Source: Estimated
- Lot Size Dimensions: 57.00 x 73.00
- Lot Dimensions Source: Estimated
- Parcel ID: 1030505
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
Property History for 2347 East Somerset Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2347 East Somerset Street
Schools near 2347 East Somerset Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Charter - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Richmond School PublicK to 5 | ||
Memphis Street Academy Charter School Charter5 to 8 | ||
Kensington Culinary Arts Public9 to 12 | ||
Kensington Creative & Performing Arts High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of RE/MAX Truist
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