Opportunity to acquire a significant share with majority control of deeded parking spaces within a condo parking garage in Old City, Philadelphia. With ownership of approximately 195 out of the total 281 spaces, a majority owner could have the authority to manage the garage's operations, establishing an income stream of both monthly and transient/daily customers and, if preferred, hiring a third-party management company. This kind of ownership could be highly valuable, especially in a historic neighborhood with limited parking availability.
Bulk Price for 195 spaces = approx $4,3M
The income description goes here to explain
List Price | $25,000 |
Property Type | Single Family Homes |
Usable Sqft | 135 |
Number of Stories | 0 stories |
Parking Spots | 207 spots |
Year Built | 2006 |
Last Sold | Unknown |
Sold Price | Unknown |
Association Name: | 2nd Street Parkominium |
Association Amenities: | None, Alarm System,Common Area Maintenance,Electricity,Insurance,Management,Security Gate,Water,Ext Bldg Maint,Snow Removal |
APN # | 888031258 |
MLS # | PAPH2362322 |
Property ID | 320555382 |
Lot Sqft | Unknown |
Zoning | CMX3 |
Days on Market | 225 |
Original List Price | Unknown |
Date Updated | November 14, 2024 |
Date Created | June 03, 2024 |
Jennifer Ramsay an agent of . Lic #RS341429
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