2501 Hobson Street

Closed 12/6/24

Sold

Last Sold Price

$290,000

2 beds1 bath2,146 sqft$135/sqft

2501 Hobson St, Philadelphia, PA 19142

Multi FamilyProperty Type

1,163 sq ftLot Size

1935Year Built

$135/sq ftPrice per sq ft

Description

RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Store Front with 1 very spacious Apartment Unit upstairs with a balcony in the heart of Southwest Philadelphia! This property is located DIRECTLY across the street from the LARGE & BRAND NEW Amazon Distribution Center! This Deli has been operated by the Owner for over 41 years! Seller will transfer their “Eating Place (E) Liquor License” to the New Owner at the time of Settlement. Take advantage of this rare opportunity before it's...RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Store Front with 1 very spacious Apartment Unit upstairs with a balcony in the heart of Southwest Philadelphia! This property is located DIRECTLY across the street from the LARGE & BRAND NEW Amazon Distribution Center! This Deli has been operated by the Owner for over 41 years! Seller will transfer their “Eating Place (E) Liquor License” to the New Owner at the time of Settlement. Take advantage of this rare opportunity before it's gone! This Commercial Mixed-Use Property features a TOTAL of 2 bedrooms, 1 Full Bathroom & 3 Half Bathrooms! Commercial Store Front has a Half Bathroom at the rear of the store, & 2 more half bathrooms in the basement. Sellers are including ALL commercial equipment, refrigerators, freezers, shelves, tables, chairs, etc, but are EXCLUDING the store’s inventories (such as beers/liquors, deli meats, beverages, snacks, etc.). Entire store on 1st floor has very high ceilings & the property is very well-maintained throughout the years. There is a storage room at the rear of the property and a very large unfinished basement that holds all of the inventory, as well as the utility appliances (Hot Water Heater & Heating System). There are 2 Cellar doors at the side of the property that can easily transfer things into the basement for storage. You can enter the upstairs Apartment Unit on a separate side entrance of the building on Elmwood Avenue. 2nd Floor Apartment is very spacious & consists of 2 good-sized Bedrooms, 1 Full Bathroom, Living Room, Dining Room & a Kitchen! It has nice NEW laminate floors T/O the 2 Bedrooms, Dining Room & Kitchen & new carpets in the Living Room, Hallway & Stairs! ALL Laminate Floors & Carpets have been newly installed in February 2023! Full Hallway Bathroom consists of a single vanity, toilet & tub! Kitchen has a gas stove/range and also a washer hook-up. Upon exiting the Kitchen, you’ll enter a good-size Balcony overlooking Elmwood Ave. & the Amazon Warehouse! Sellers had replaced ALL BRAND NEW Windows for the upstairs apartment in Feb. 2023! Plenty of natural lights shining T/O entire Apartment to help you save on energy bills! You can gain access to the Unfinished Basement from inside the store, OR from either of the 2 metal sidewalk cellar doors at the side of the Store on Elmwood Ave. Start off your new home, business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Seller is discontinuing their Business Name after Settlement. Any potential Buyers who would like to continue to run this same type of business may do so at their own expense with a NEW Business Name of their choice. Sellers are willing to provide 2 weeks of training for how to run the business if potential Buyer chooses to do so. IF renting out the Commercial space, Commercial rents can be projected to bring in over $2,000-$2,500/mo. in the area and the Apartment Unit can be projected to bring in $1,200-1,400/mo. for rent! Owner pays water ( $45/mo.), electric ( $400/mo.), gas ( $40/mo.), Trash ( $500/yr. for Commercial), & Business Telephone ( $135/mo.). Owner owns the Fire Alarm system. Live in 1 Unit & Rent out the other to help cover your mortgage & potentially earning some cash flows OR continue to run the same business & live right upstairs OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Mixed-Use Property! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to supermarkets, stores, gyms, restaurants, parks, & minutes from Penrose Plaza Shopping Center! Easy access to all major highways! Minutes away from Philly Airport, Auto Mall, Universities, Center City, & many more! Get an offer in quickly before it's gone!

Listed by: Phong D Lam 267.918.1880 phong.lam@c21ag.com • Century 21 Advantage Gold-South Philadelphia

Listing closed: 12/06/2024 12:00 AM • Source: BRIGHT, MLS#: PAPH2274284

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Avg days on market

Sale-to-list ratio

95.3%

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Location

Listing Courtesy of Century 21 Advantage Gold-South Philadelphia

Sold By Century 21 Advantage Gold-South Philadelphia

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Principal and Interest

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Property Taxes

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Property Information for 2501 Hobson Street

Property Details

Taxes: $1,681 / year
MLS Type: Multi-Family / Fee Simple
County: Philadelphia County
Tax ID Number: 871562440
Ownership: Fee Simple
Structure Type: End of Row/Townhouse
Style: Dwelling w/Separate Living Area, Other
Waterfront: No
Views: Street
Garage: No
Subdivision: ELMWOOD PARK
Subdivision: ELMWOOD PARK (PHILADELPHIA PA)
Cross Street: Elmwood Avenue
Municipality: PHILADELPHIA
Central Air: No
Basement: Yes
Room Count: 10
Above Grade Finished SQFT: 2,146.00
Above Grade Fin SQFT Source: Assessor
Above Grade Unfinished SQFT: .00
Above Grade Unfin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: .00
Below Grade Unfin SQFT Source: Assessor
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Assessor
New Construction: No
Building Winterized Y/N: No
Property Condition: Very Good, Good, Average

Building Information

Residences: 2
Year Built: 1935
Lot Size: 0.03 AC / 1,163 SF

Location

Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

School District County ID: 300200397108
SchoolDistrictSource: Listing Agent
Elementary School: PATTERSON JOHN (PHILADELPHIA PA)
ElementarySchoolSource: Listing Agent
Middle Or Junior School: TILDEN WM (PHILADELPHIA PA)
MiddleSchoolSource: Listing Agent
High School: JOHN BARTRAM (PHILADELPHIA PA)
HighSchoolSource: Listing Agent
County: PHILADELPHIA
MLS Area: 19142 (19142)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Association Recreation Fee Y/N: No

Taxes and Assessment

Tax Year: 2024
Tax Assessed Value: $120,100

Year Assessed: 2024
Improvement Assessed Value: $96,100
City Town Tax: $739
Land Assessed Value: $24,000
Clean Green Assessed: No
Municipal Trash: Yes
Land Use Code: S30
Agricultural Tax Due: No
Historic: No
Zoning: CMX2
Tax Lot: 25
School Tax: $941
School Tax Payment Frequency: Annually
Automatically Update Tax Values Y/N: Yes
TaxDataUpdatedYN: No

Lease Information

Owner Pays: All Utilities, Electricity, Gas, Heat, Insurance, Miscellaneous, Repairs, Services (All), Sewer, Supplies, Taxes - Real Estate, Trash Collection, Water, Other

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 0

Two Bedroom Units Count: 1
Three Bedroom Units Count: 0
Other Units: Unit 1
Units Furnished: None
Units Leased Count: 0
Number Of Units Vacant: 1
Number Of Units Month To Month: 0
Rent Control: No

Multi Family

Unit 1

Type: Unit 1
Unit Type Occupied YN: No

Level: 2
Unit Type Finished SQFT: 1073
Unit Type Lease Type: None
Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Total Rooms: 6

Financial Information

Expenses

Operating Expense: $662
Operating Expense Includes: Insurance, Trash

Trash Expense: $500
Water Avg Month: $45
Water Prev 12 Months: $540
Heating Oil Avg Month: $0
Heating Oil Prev 12 Months: $0
Electric Avg Month: $400
Electric Prev 12 Months: $4,800
Gas Avg Month: $40
Gas Prev 12 Months: $480
Other Expense: $1,620

Financial Information

Income Includes: Other
Existing Lease Type: Owner Occupied

Building Info

Building Level Count: 2
Building Units Total: 2

Total Finished SQFT: 2,146.00
Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 2,146.00
Total SQFT: 2,146.00
Total SQFT Source: Estimated
Construction Materials: Masonry
Roof: Flat, Rubber
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8025/8878/2860/802588782860_512_384_WM_U6b4RccPruh6THWy.jpg
Wall and Ceiling Types: 9'+ Ceilings, High, Paneled Walls
Flooring Type: Carpet, Laminated
Basement Type: Drain, Full, Interior Access, Outside Entrance, Poured Concrete, Side Entrance, Unfinished, Walkout Stairs
Foundation Details: Brick/Mortar, Concrete Perimeter

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 17.00 x 71.00

Lot Dimensions Source: Assessor
Lot Features: Corner
Location Type: Corner Lot/Unit
Parcel ID: 1167796
Ground Rent Exists: No

Parking

Type Of Parking: On Street

Interior Features

Interior Features: Breakfast Area, Built-Ins, Carpet, Dining Area, Floor Plan - Traditional, Store/Office, Bathroom - Tub Shower, Other
Fireplace: No

Appliances: Built-In Range, Freezer, Oven/Range - Gas, Washer/Dryer Hookups Only, Water Heater
Accessibility Features: None
Security Features: Carbon Monoxide Detector(s), Fire Detection System, Security System, Smoke Detector, Window Grills

Exterior Features

Spa: No
Exterior Features: Sidewalks, Street Lights

Outdoor Living Structures: Balcony
Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Utilities: Electric Available, Natural Gas Available, Phone, Phone Available, Phone Connected, Sewer Available, Water Available
Heating: Yes

Cooling Type: Wall Unit
Cooling Fuel: Electric
Heating Type: Radiator
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service, Circuit Breakers

Confidential Data

Listing Office

List Agent AOR: Greater Philadelphia Association of REALTORS
List Agent URL: http://www.PhongLamRealEstate.com

Property History for 2501 Hobson Street

Date	Event & Source	Price	Appreciation
Dec 6, 2024	Closed (Public Record) Public Record #1547747596	$290,000	—
Dec 6, 2024	Closed BRIGHT #PAPH2274284	$290,000	—
Sep 18, 2024	Pending BRIGHT #PAPH2274284		—
May 20, 2024	Price Change BRIGHT #PAPH2274284	$349,500	—
Jan 30, 2024	Price Change BRIGHT #PAPH2274284	$374,900	—
Dec 11, 2023	Listed (Active) BRIGHT #PAPH2274284		—
Dec 11, 2023	Price Change BRIGHT #PAPH2274284	$394,900	—
Nov 28, 2023	Pending BRIGHT #PAPH2274284		—
Sep 4, 2023	Listed (Active) BRIGHT #PAPH2274284	$399,900	—
Jun 28, 2022	Expired BRIGHT #PAPH2008936		—
Jul 9, 2021	Listed (Active) BRIGHT #PAPH2008936	$399,900	—

Date	Event & Source	Price
12/06/2024	Closed (Public Record) Public Record #1547747596	$290,000
12/06/2024	Closed BRIGHT #PAPH2274284	$290,000
09/18/2024	Pending BRIGHT #PAPH2274284	—
05/20/2024	Price Change BRIGHT #PAPH2274284	$349,500
01/30/2024	Price Change BRIGHT #PAPH2274284	$374,900
12/11/2023	Listed (Active) BRIGHT #PAPH2274284	—
12/11/2023	Price Change BRIGHT #PAPH2274284	$394,900
11/28/2023	Pending BRIGHT #PAPH2274284	—
09/04/2023	Listed (Active) BRIGHT #PAPH2274284	$399,900
06/28/2022	Expired BRIGHT #PAPH2008936	—
07/09/2021	Listed (Active) BRIGHT #PAPH2008936	$399,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2501 Hobson Street

Taxable ValueLand$33,900Additions$135,600Total$169,500

Tax Record2026$1,946 ($162 / month)

Home Facts

Total Finished SqFt2,146 SqFtAbove Grade Finished SqFt2,146 SqFtStories2Lot Size1,163 SqFtStyleMiscellaneous CommercialYear Built1935Year Renovated1935ZoningCMX2CountyPHILADELPHIAAPN87-1562440

Schools near 2501 Hobson Street

This home is within The School District of Philadelphia.


Rating	School	Type	Grades	Distance
5/10	Patterson John M School	Public - Serves this home	PK to 4	0.3 mi
4/10	Tilden William T Middle School	Public - Serves this home	5 to 8	0.1 mi
2/10	Bartram John - Main	Public - Serves this home	9 to 12	0.1 mi
5/10	Motivation High School	Public - Choice school	9 to 12	1.8 mi
2/10	The Workshop School	Public - Nearby school	9 to 12	2.6 mi
8/10	Gamp	Public - Choice school	5 to 12	2.7 mi
NR	Education Is The Key Learning Center	Private - Nearby school	PK to 7	0.3 mi
NR	St Barnabas Catholic School	Private - Nearby school	PK to 8	0.4 mi
NR	Greater Hope Christian Academy	Private - Nearby school	PK to 12	0.4 mi


Rating	School	Distance
5/10	Patterson John M School PublicPK to 4 Serves this home	0.3 mi
4/10	Tilden William T Middle School Public5 to 8 Serves this home	0.1 mi
2/10	Bartram John - Main Public9 to 12 Serves this home	0.1 mi
5/10	Motivation High School Public9 to 12 Choice school	1.8 mi
2/10	The Workshop School Public9 to 12 Nearby school	2.6 mi
8/10	Gamp Public5 to 12 Choice school	2.7 mi
NR	Education Is The Key Learning Center PrivatePK to 7 Nearby school	0.3 mi
NR	St Barnabas Catholic School PrivatePK to 8 Nearby school	0.4 mi
NR	Greater Hope Christian Academy PrivatePK to 12 Nearby school	0.4 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2501 Hobson Street, Philadelphia, PA 19142	$290,000	2	1	2,146	1,163
2503 Hobson Street, Philadelphia, PA 19142	$8,075,000	3	1	960	–
2505 Hobson Street, Philadelphia, PA 19142	–	3	1	960	1,112
2507 Hobson Street, Philadelphia, PA 19142	$25,000	3	1	960	1,112
2509 Hobson Street, Philadelphia, PA 19142	–	3	1	960	1,112
2511 Hobson Street, Philadelphia, PA 19142	$66,000	3	1	960	1,112
2502 Bonnaffon Street, Philadelphia, PA 19142	–	3	1	960	1,107
2502 Bonnaffon Street, Philadelphia, PA 19142	$35,000	3	1	–	1,104
2500 Bonnaffon Street, Philadelphia, PA 19142	$155,000	–	–	1,888	–
2513 Hobson Street, Philadelphia, PA 19142	$32,000	3	1	960	1,112
2504 Bonnaffon Street, Philadelphia, PA 19142	–	3	1	900	1,101
2502 Hobson Street, Philadelphia, PA 19142	$50,000	3	1	960	1,112
2515 Hobson Street, Philadelphia, PA 19142	$199,500	3	2	960	1,112
2504 Hobson Street, Philadelphia, PA 19142	$28,999	3	1	960	1,112
2508 Hobson Street, Philadelphia, PA 19142	$53,500	3	1	960	960
2512 Bonnaffon Street, Philadelphia, PA 19142	$90,000	3	2	900	1,101

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Advantage Gold-South Philadelphia

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Philadelphia, PA

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