Value add business opportunity from the developers of Old World Warehouse. To see it is to understand it. Developed as 13 open concept loft condominium units, Tiesen Flats has been maintained as rental units by its owners. This property is quite simply a rare urban oasis, offering a large open courtyard, currently enjoyed for gatherings, events, and gardening by the community of tenants that live there. The units range in size from 880 to 1584 sq ft, with several fronting on the courtyard, and all featuring preserved architectural details ( exposed beams, clerestory windows, and authentic carriage house doors), separate utilities, interior sprinkler system, hard wired smoke detection, and monitored integral alarm system. Wether you purchase this building to continue as rentals, sell off units as you choose, or develop the property further, Tiesen Flats makes for a great investment and represents a unique offering within the city. Unbeatable location just steps from the Market, Frankford EL, and all the great shops, restaurants and entertainment venues Fishtown has to offer.
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Listing Snapshot
Price
$4,500,000
Days On Site
41 Days
Bedrooms
N/A
Inside Area (SqFt)
15,750 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.26 Acres
Year Built
1900
MLS® Number
PAPH2490158
Status
Active
Property Tax
$51,156
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
4 weeks ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.26
Cross Street
Trenton
Number Of Stories
2
Parking
On Street
Security
Smoke Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
15750
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Gas Water Heater
Cooling
Central AirElectric
Flooring
ConcreteWood
Heating
Natural GasForced Air
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Exterior Features
Fencing
Fenced
Roof
Built-Up
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StreetGarden
Waterview
StreetGarden
Community Features
MLS Area
19125 (19125)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Chestnut Hill
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