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Off market
  • $270,500

    2601 W Somerset St, Philadelphia, PA 19132

    --beds
    0baths
    2,955sqft
    Other
    Built in 1925
    -- sqft lot
    $270,500 Zestimate®
    $92/sqft
    $1,014 Estimated rent

    Home value

    $270,500

    $235,000 - $306,000

    $1,014/mo

    Zestimate® history
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    What's special

    Profitable Laundromat Business and Building in North Central Philadelphia with all newer equipment, that has been meticulously maintained. Enter this corner, almost 3000 square foot building and all you see is Income. It is well laid out with an abundance of laundry machines everywhere. There is also a small store selling soap, candy, sodas and more. A convenient powder room is also contained on the 1st floor. The upper 2 floors house a bi-level 3-4 bedroom, 2 ceramic tile bathroom apartment, that currently is vacant, but could rent for $1,200.00 per month. The basement has all back up laundry equipment, storage and multiple concrete columns to support all of the machinery. This is a turnkey building and business that offers huge Cash income, and with the right owner operator, the revenue could increase significantly. Financial details available upon request.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,955 sqft

    Property

    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1,206 sqft
    Details
    • Parcel number: 871553540
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    • Property subtype: Other
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • CoolingYN: true
    • NumberOfUnitsInCommunity: 2
    • Cooling: Window Unit(s)
    • SpecialListingConditions: Standard
    • PropertySubType: Other
    • ConstructionMaterials: Masonry
    • ParkingFeatures: On Street
    • Heating: Baseboard - Hot Water
    • ArchitecturalStyle: Straight Thru
    • StructureType: Over Storefront
    • Basement: Y
    • MlsStatus: Active
    • Municipality: PHILADELPHIA
    • TaxAnnualAmount: 1673.0

    Price history

    DateEventPrice
    1/4/2022Sold$250,000-9.1%$85/sqft
    Source: Public Record Report a problem
    1/2/2021Listing removed$275,000$93/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    9/16/2020Listed for sale$275,000+5.8%$93/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    7/24/2020Listing removed$260,000$88/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    4/14/2020Listed for sale$260,000$88/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    3/10/2020Listing removed$260,000$88/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    8/28/2019Price change$260,000-1.9%$88/sqft
    Source: Keller Williams Philly #PAPH802438 Report a problem
    8/1/2019Listed for sale$265,000$90/sqft
    Source: Keller Williams Philly #PAPH802438 Report a problem
    6/26/2019Listing removed$265,000$90/sqft
    Source: KW Philly South #PAPH802426 Report a problem
    5/30/2019Listed for sale$265,000+231.3%$90/sqft
    Source: Keller Williams Philly #PAPH802426 Report a problem
    6/30/2009Sold$80,000+700%$27/sqft
    Source: Public Record Report a problem
    4/5/2002Sold$10,000$3/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,473 +25%$176,700 +25%
    2024$1,979 $141,400
    2023$1,979 +18.3%$141,400
    2022$1,673 --
    2021$1,673 +0.9%--
    2018$1,657 --
    2017$1,657 +3%--
    2016$1,610 +17.6%--
    2015$1,369 --
    2014$1,369 $97,800

    Find assessor info on the county website

    Neighborhood: Allegheny West

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $270,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $270,500