Philadelphia, PA 19128,3847 TERRACE ST
Philadelphia, PA 19128,3847 TERRACE ST
Philadelphia, PA 19128,3847 TERRACE ST
Philadelphia, PA 19128,3847 TERRACE ST
Philadelphia, PA 19128,3847 TERRACE ST
Philadelphia, PA 19128,3847 TERRACE ST
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Sue Thomas And Stacy Hilman

Sue Thomas And Stacy Hilman

+1(215) 622-3035
Listed by Aimee Lucia Alexander • Compass Pennsylvania, LLC
$ 529,900
Est. payment | /mo

2,918 SqFt

Save
$ 529,900
Est. payment | /mo
Save

2,918 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,918 sqft

Price per Sqft $181

MLS Listing ID PAPH2531184

Style Traditional

Abv Grd Liv Area 2,918

Year Built 1900

Annual Tax Amount $5,039

Tax Year 2025

Lot Size 1,569 Sqft

Acres 0.04

Lot Dimensions 19.00 x 83.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia's most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Inclusions Stainless steel appliances available in the apartment units - please confirm with listing agents.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2918

Sewer Public Septic

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882935540

Ownership Fee Simple

SqFt Source 2918

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Cynwyd Elementary School

    Public | KG - 5

  • 8

    Merion Elementary School

    Public | KG - 5

  • 7

    Belmont Hills Elementary School

    Public | KG - 5

  • 6

    Green Woods Charter School

    Public | KG - 8

  • 5

    Shawmont School

    Public | KG - 8

  • 5

    James Dobson Elementary School

    Public | KG - 8

  • 4

    Overbrook Elementary School

    Public | KG - 6

  • 4

    Mastery Charter School Mann Elementary

    Public | KG - 6

  • 4

    Discovery Charter School

    Public | KG - 8

  • 4

    Cook-Wissahickon Elementary School

    Public | KG - 8

  • 4

    Robert Morris School

    Public | KG - 8

  • 4

    Emlen Elementary School

    Public | KG - 5

  • 4

    Wissahickon Charter School

    Public | KG - 8

  • 3

    Charles W. Henry School

    Public | KG - 8

  • 3

    Henry H. Houston Elementary School

    Public | KG - 8

  • 3

    Thomas Mifflin School

    Public | PK - 8

  • 3

    Imani Educationl Circle Charter School

    Public | KG - 8

  • 2

    Samuel Gompers Elementary School

    Public | KG - 6

  • 2

    Heston Elementary School

    Public | KG - 8

  • 2

    Anna Lane Lingelbach School

    Public | KG - 8

Middle Schools 10
  • 7

    Welsh Valley Middle School

    Public | 6 - 8

  • 7

    Bala Cynwyd Middle School

    Public | 6 - 8

  • 7

    Amy NW

    Public | 6 - 8

  • 4

    Mastery Charter School -Shoemaker Campus

    Public | 7 - 12

  • 4

    Mastery Charter School-Pickett Campus

    Public | 6 - 12

  • 2

    Eastern University Academy Charter School

    Public | 7 - 12

  • 2

    Anna Blakiston Day School

    Public | EE - 8

  • 1

    Dimner Beeber Middle School

    Public | 6 - 8

  • 0

    Kohelet Yeshiva High School

    Private | 8 - 12

  • 0

    Wordsworth Academy

    Private | 6 - 12

High Schools 13
  • 4

    Saul W B Agricultural School

    Public | 9 - 12

  • 3

    Lankenau High School

    Public | 9 - 12

  • 2

    Randolph A. Philip Avt High School

    Public | 9 - 12

  • 1

    Overbrook High School

    Public | 9 - 12

  • 1

    Roxborough High School

    Public | 9 - 12

  • 1

    School of the Future

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 0

    Merion Mercy Academy

    Private | 9 - 12

  • 0

    Talmudical Yeshiva of Philadelphia

    Private | 9 - 12

  • 0

    I S Kosloff Torah Academy High School for Girls

    Private | 9 - 12

  • 0

    Bridge Way School

    Private | 10 - 12

  • 0

    Mercy Vocational High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sue Thomas And Stacy Hilman
Sue Thomas And Stacy Hilman

Partner | Lic# RS284038

+1(215) 622-3035

259 Veterans Lane, Doylestown, PA, 18901

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3847 TERRACE ST