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2501 S Hobson Street

Philadelphia, PA 19142

– beds
– baths
2,146 sqft
1,163 sqft lot
$174 per sqft
1935 build

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!!

Listing courtesy of BRIGHT / Century 21 Advantage Gold-South Philadelphia

Last checked: Checking… • Last updated Feb 22, 2024 •

MLS# PAPH2274284 —

The Building

Year Built:

1935
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

End of Row/Townhouse
Architectural Style:

Dwelling w/Separate Living Area, Other
Historic:

No
Building Levels:

2
Building Units Total:

2
Roof:

Flat, Rubber
Security Features:

Carbon Monoxide Detector(s), Fire Detection System, Security System, Smoke Detector, Window Grills
Accessibility Features:

None
Foundation Details:

Brick/Mortar, Concrete Perimeter
Basement:

Yes
Basement Type:

Drain, Full, Interior Access, Outside Entrance, Poured Concrete, Side Entrance, Unfinished, Walkout Stairs
Building Winterized:

No
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2146

Interior

Interior Features:

Breakfast Area, Built-Ins, Carpet, Dining Area, Floor Plan - Traditional, Store/Office, Tub Shower, Other
Room Count:

10
Flooring Type:

Carpet, Laminated
Fireplace:

No
Wall & Ceilings:

9'+ Ceilings, High, Paneled Walls
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2146
Living Area SqFt:

2,146 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Immediate

Location

Directions:

Between S. 67th Street, S. 68th Street, & Elmwood Avenue
Cross Street:

Elmwood Avenue
Latitude:

39.91970444
Longitude:

-75.23361969
Location Type:

Corner Lot/Unit

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Very Good, Good, Average
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

17.00 x 71.00
Lot Dimensions Source:

Assessor
Lot Features:

Corner
Lot SqFt:

1,163 Sqft
Inclusions:

ALL in AS-IS Condition: ***Eating Place (E) Liquor License***, ALL Commercial Equipments, Refrigerators, Commercial Deli Display, Tables, Chairs, Storage Display, Freezers, etc.
Exclusions:

ALL Store Inventory (such as liquor/beer, cold cuts, beverages, etc.)
Zoning:

CMX2
View:

Street
Outdoor Living Structures:

Balcony
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

S30
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871562440
Tax Year:

2023
Tax Lot:

25
Tax Annual Amount:

$1,681
Tax Assessed Value:

$120,100
Year Assessed:

2023
School Tax:

922.0
City/Town Tax:

758.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

3.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent
Remarks - Buyer Agency Compensation:

Get it quickly before it's gone! RARE 3.5% BUYER'S AGENT COMMISSION, PLUS $1,000 BONUS to Buyer's Agent who brings a FULL/Overasking price offer to the table on or before 09/12/2023 ! Note: Easy to Show! Please submit showing requests on BRIGHT MLS.

Heating & Cooling

Cooling Type:

Wall Unit
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Utilities:

Electric Available, Natural Gas Available, Phone, Phone Available, Phone Connected, Sewer Available, Water Available
Sewer/Septic:

Public Sewer
Electric Service:

100 Amp Service, Circuit Breakers
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Built-In Range, Freezer, Oven/Range - Gas, Washer/Dryer Hookups Only, Water Heater

Schools

Elementary School:

Patterson John
Middle School:

Tilden Wm
High School:

BARTRAM JOHN
School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Elmwood Park
Exterior Features:

Sidewalks, Street Lights
Pool:

No Pool
Spa:

No
Association Recreation Fee:

No
Municipal Trash:

Yes
Transportation:

Airport less than 10 miles, Bus Stop less than 1 mile

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1
Vacation Rental:

No
Units Furnished:

None
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/30/24 Jan 30, 2024	Price Changed	BRIGHT	$374,900	-5.1%
12/11/23 Dec 11, 2023	Relisted	BRIGHT	$394,900	-1.3%
11/30/23 Nov 30, 2023	Pending	BRIGHT	$399,900

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This multifamily located in Southwest Philadelphia, Philadelphia, PA 19142 is currently for sale for $374,900. 2501 S Hobson Street is a 2,146 square foot multifamily with – beds and – baths. 2501 S Hobson Street is in the Southwest Philadelphia neighborhood of Philadelphia and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of William Tilden Middle School, John Batram High School, and John M Patterson School.

Listing Courtesy of: BRIGHT and Century 21 Advantage Gold-South Philadelphia.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.