2612 E THOMPSON ST Active

Philadelphia,PA 19125

$ 229000

3 Beds

2 Baths

894 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 894 sqft

Price per Sqft $256

Subdivision Port Richmond

MLS Listing ID PAPH2517050

Style Other

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1875

Annual Tax Amount $3,115

Tax Year 2025

Lot Size 894 Sqft

Property Sub-Type Detached

Property Description

Detached Corner Home in Olde Richmond — Rare Blank Slate with Upside. Located in the HEART OF THE POPULAR expanding Olde Richmond East neighborhood just steps from the Delaware river waterfront this property offers A rare opportunity to create your vision from the ground up — whether that's a dream home or a high-yield investment. With its prime location, this is an ideal project for those looking to make their mark in one of Philadelphia's most vibrant and burgeoning communities. If you're looking for your next major project this gutted interior is a clean slate, saving you months of demo and permitting headaches — ready for you to start building. Bring your creativity, vision, and expertise to transform this property into a stunning and unique corner masterpiece, just steps away from fantastic dining, local shops, and popular hotspots. This property is ready for a full renovation, offering the freedom to truly make it yours whether you're looking to CREATE A LUXURIOUS HOME OR A LUCRATIVE INVESTMENT. Don't miss out on this rare opportunity to acquire a property with significant upside potential in one of Philadelphia's most desirable and popular neighborhoods. This is your chance to invest in a thriving area that is still growing. This is a single detached home which has been gutted with architectural plans completed for 3 bed 3 bath. Ready for contractors to begin. 18 foot wide and 3 stories with plans for a roof deck, and addition to the 3rd floor. Potential to complete underpinning to make basement ceiling 8' Plus potential for curb cut and off street parking in the back yard. Perfect for the contractor looking for the next project or the new homeowner who wants the dirty work already done! With comps in the mid-to-high $500s and new builds pushing into the $600s, this property has clear upside for anyone ready to move fast. This property is a RARE corner single family DETACHED home in a popular neighborhood!!

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Rooms

Other Rooms Living Room,Dining Room,Kitchen,Family Room,Laundry

Interior

Hot Water Natural Gas

Heating None

Cooling None

Laundry Basement

Exterior

Utilities Available Electric Available,Natural Gas Available,Sewer Available,Water Available

Water Access N

View City

Roof Type Asphalt

Building

Lot Description Corner

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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