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Listed by John D McDonald • Keller Williams Main Line

$1,799,900

Est. payment - /mo

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7 Beds

6 Baths

5,740 SqFt

Active

111 W NORRIS ST Philadelphia, PA 19122

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Chris Fleming

chris.fleming@joinreal.com +1(908) 283-0602

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,740 sqft

Price per Sqft $313

Subdivision Norris Square

MLS Listing ID PAPH2469828

Style Contemporary

Bedrooms 7

Full Baths 6

HOA Y/N N

Abv Grd Liv Area 5,740

Year Built 1940

Annual Tax Amount $3,820

Tax Year 2025

Lot Size 2,870 Sqft

Acres 0.07

Lot Dimensions 109.00 x 26.00

Source BRIGHT

Property Description

Location Location Location! Welcome to 'Patrick Flats', a stunning fully occupied 6 units - legally zoned as 5 residential & 1 live/work - in the heart of Fishtown / Norris Square. The building cash flows beautifully, heck this building Cash Flies!!!!...offering more than $150,000 in annual revenue with room to grow since existing leases below are market rent values!! Or, consider being the Owner & Occupant where you can Live and / or Work in one & enjoy the income from the other 5 units. All are unique, beautiful, large, naturally lit, open space custom lofts with new interior finishes, new roof, new electrical service, upgraded mechanicals, original refinished floors & filled with incredible architectural details & awesome tenants! This incredible opportunity pencils as a great for an investor & for an owner occupant!! Entire building and all units renovated in 2023-24 with Permits and updated to the most current 2018 IBC (International Building Code). All units offer stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors in most units for the most efficient and comfortable conditioned space. Patrick Flats was crafted by Internationally Awarded design-build firm Onion Flats as an adaptive reuse that has become one of the nicest boutique buildings in Philadelphia. Have I mentioned the location??? Walk to everything: Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, Star Bolt, Evil Genius, Loco Pez, Phila Brewing Co, Honeygrow, Suraya, The International, Kalaya Thai, LMNO, Riverwards Market, Buzz Cafe, Palmer Park, Konrad Square, and so on & so on. This is the hottest neighborhood Philadelphia has to offer! Here is your opportunity to make the investment of a lifetime as a result of just great timing! These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being built all over the City. Come see this special property for yourself. Listing can also be viewed via Commercial MLS # PAPH2469818 & Multifamily MLS # PAPH2476468.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning IRMX

Rooms

Basement Fully Finished, Full

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Story 3

Above Ground Finished SqFt 5740

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 884591620

Ownership Fee Simple

SqFt Source 5740

Special Listing Condition Standard

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Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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111 W NORRIS ST Philadelphia, PA 19122

Chris Fleming

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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111 W NORRIS ST