PA > Philadelphia
Philadelphia, PA 19122,111 W NORRIS ST
Philadelphia, PA 19122,111 W NORRIS ST
Philadelphia, PA 19122,111 W NORRIS ST
Philadelphia, PA 19122,111 W NORRIS ST
Philadelphia, PA 19122,111 W NORRIS ST
Philadelphia, PA 19122,111 W NORRIS ST
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Christy Stuart

Christy Stuart

+1(703) 966-6625
Listed by John D McDonald • Keller Williams Main Line
$ 1,799,900
Est. payment | /mo
Save
$ 1,799,900
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2469818

Originating Board BRIGHT

Year Built 1940

Available Date 2025-04-15

Annual Tax Amount $3,820

Tax Year 2024

Lot Dimensions 109.00 x 26.00

Property Sub-Type Five Or More Units

Property Description

Location Location Location!!! Welcome to Patrick Flats, a stunning custom loft in heart of Fishtown / Norris Square. Beautiful, large, naturally lit, open spaces with new interior finishes, new roof, original refinished floors, & filled with awesome tenants. Are you are looking for something in your investment portfolio that "cash flies"?? That's right, Patrick Flats is beyond cash flow, this building CASH FLIES!!! Offering more that $150,000 in annual revenue..with room to grow, priced at a 7 CAP & in the hottest neighborhood Philadelphia has to offer! Walk to everything; Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, 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 and so on! Don't trust Wall Street with your money, trust Norris Street!! 100% Occupied with under market rents, this is your opportunity to make the investment of a lifetime as a result of just plain great timing! All six spaces offer Stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors 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. These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being “thrown up” all over the City. This is why we have been 100% occupied since gaining our Certificate Of Occupancy!

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning IRMX

Interior

Hot Water Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 884591620

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 966-6625

christy@gowithaligned.com

1765 Greensboro Station Place Suite 900, McLean, VA, 22102, United States

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111 W NORRIS ST