2501 Hobson Street
2501 Hobson Street
Philadelphia, PA 19142
$374,900
Price
2
Beds
1
Bath
2,146 Sq. Ft.
$175 / Sq. Ft.
2,146
Sq. Ft.
$175
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 • Century 21 Advantage Gold-South PhiladelphiaP: 2679181880 phong.lam@c21ag.com
Property Details for 2501 Hobson Street
Tax ID Number
871562440
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleDwelling w/Separate Living Area, Other
WaterfrontNo
ViewsStreet
GarageNo
SubdivisionELMWOOD PARK
Location
Listing Courtesy of Century 21 Advantage Gold-South Philadelphia
Add your commute
LISTING UPDATED: 02/22/2024 02:18 PM
Property Details for 2501 Hobson Street
| Status | Active |
|---|---|
| MLS # | PAPH2274284 |
| Days on Market | 228 |
| Taxes | $1,681 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1935 |
| Lot Size | 0.03 AC / 1,163 SF |
| County | Philadelphia County |
Location
Listing Courtesy of Century 21 Advantage Gold-South Philadelphia
Add your commute
Building Information for 2501 Hobson Street
Stories-Residences2Year Built1935Building Size-Lot Size0.03 AC / 1,163 SF
Payment Calculator
$2,186 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,046
Property Taxes
$140
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2501 Hobson Street
Location
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: BARTRAM JOHN (PHILADELPHIA PA)
- HighSchoolSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19142 (19142)
Waterfront / Water Access
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 / Community Info
- Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $120,100
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $96,100
- City Town Tax: $758
- Land Assessed Value: $24,000
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: S30
- Refuse Fee: $500
- Agricultural Tax Due: No
- Historic: No
- Zoning: CMX2
- Tax Lot: 25
- School Tax: $922
- School Tax Payment Frequency: Annually
- Automatically Update Tax Values Y/N: Yes
Lease Information
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
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 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
- 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 / 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
Parking
- Type Of Parking: On Street
Interior Features
Interior Features
- Interior Features: Breakfast Area, Built-Ins, Carpet, Dining Area, Floor Plan - Traditional, Store/Office, 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
Exterior Features
- Spa: No
- Exterior Features: Sidewalks, Street Lights
- Outdoor Living Structures: Balcony
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
Utilities
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 |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2501 Hobson Street
Taxable ValueLand$24,000Additions$96,100Total$120,100
Tax Record2023$1,681 ($140 / month)
Home Facts
Total Finished SqFt2,146 SqFtAbove Grade Finished SqFt2,146 SqFtStories2Lot Size1,163 SqFtStyleOffice BuildingYear Built1935ZoningCMX2CountyPHILADELPHIAAPN87-1-5624-40
Schools near 2501 Hobson Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Patterson John M School PublicPK to 4 | ||
Tilden William T Middle School Public5 to 8 | ||
Bartram John - Main Public9 to 12 | ||
Motivation 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 Century 21 Advantage Gold-South Philadelphia
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.