Philadelphia, PA 19122,111 W NORRIS ST
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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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Janie Cauthorne

Janie Cauthorne

+1(443) 629-2526
Listed by John D McDonald • Keller Williams Main Line
$ 1,600,000
Est. payment /mo
Save
Price Dropped by $199K

111 W NORRIS ST Philadelphia, PA 19122

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2469818

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

Source BRIGHT

Property Description

Location Location Location! Welcome to 'Patrick Flats', a stunning fully occupied 6 units - legally zoned as 5 residential & 1 live/work - in the heart of Fishtown / Norris Square. The building cash flows beautifully, heck this building Cash Flies!!!!...offering more than $150,000 in annual revenue with room to grow since existing leases below are market rent values!! Or, consider being the Owner & Occupant where you can Live and / or Work in one & enjoy the income from the other 5 units. All are unique, beautiful, large, naturally lit, open space custom lofts with new interior finishes, new roof, new electrical service, upgraded mechanicals, original refinished floors & filled with incredible architectural details & awesome tenants! This incredible opportunity pencils as a great for an investor & for an owner occupant!! Entire building and all units renovated in 2023-24 with Permits and updated to the most current 2018 IBC (International Building Code). All units offer stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors in most units 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. Have I mentioned the location??? Walk to everything: Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, Star Bolt, 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 & so on. This is the hottest neighborhood Philadelphia has to offer! Here is your opportunity to make the investment of a lifetime as a result of just great timing! These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being built all over the City. This is why we have been 100% occupied since gaining our Certificate Of Occupancy! Come see this special property for yourself. Listing can also be viewed via Multi Family MLS # PAPH2476468 & Residential MLS # PAPH2469828

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)
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 7

    Laboratory Charter School

    Public | KG - 8

  • 7

    Environment Community Opportunity (Eco) Charter Sc

    Public | KG - 5

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 5

    Leap Academy University Charter School

    Public | KG - 12

  • 5

    Conwell Russell Middle School

    Public | 5 - 8

  • 5

    Ad Prima Charter School

    Public | KG - 8

  • 5

    Northwood Academy Charter School

    Public | KG - 8

  • 4

    Robert Morris School

    Public | KG - 8

  • 4

    Chester A. Arthur School

    Public | KG - 8

  • 4

    Bache-Martin Elementary School

    Public | PK - 8

  • 4

    Wissahickon Charter School

    Public | KG - 8

Middle Schools 13
  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 4

    Esperanza Cyber Charter School

    Public | 6 - 12

  • 4

    Amy at Martin

    Public | 6 - 8

  • 3

    Esperanza Academy Charter High School

    Public | 6 - 12

  • 3

    Mariana Bracetti Academy Charter School

    Public | 6 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 2

    The Promise Academy at Roberto Clemente Middle School

    Public | 6 - 8

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 1

    Penn Treaty

    Public | 6 - 12

  • 1

    Feltonville School of Arts and Sciences

    Public | 6 - 8

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

  • 0

    Pyne Point Middle School

    Public | 7 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 7

    Bodine William W High School

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 5

    Multi-Cultural Academy Charter School

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 2

    Randolph A. Philip Avt High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 1

    Benjamin Franklin High School

    Public | 9 - 12

  • 1

    Mastery Charter School at Gratz

    Public | 9 - 12

  • 1

    Charter High School for Architecture and

    Public | 9 - 12

  • 1

    Kensington Creative & Performing Arts High School

    Public | 9 - 12

  • 1

    Edison / Fareira High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

  • 1

    Kensington International Business High School

    Public | 9 - 12

School and business data provided by Attom Data.
Janie Cauthorne

Janie Cauthorne

Broker

+1(443) 629-2526

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111 W NORRIS ST