Philadelphia, PA 19104,3300 BARING ST
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Philadelphia, PA 19104,3300 BARING ST
Philadelphia, PA 19104,3300 BARING ST
Philadelphia, PA 19104,3300 BARING ST
Philadelphia, PA 19104,3300 BARING ST

$1,100,000

Est. payment /mo

$1,295,000

15.1%
Est.Price: ?

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3300 BARING ST Philadelphia, PA 19104

7,080 Sqft Lot

SOLD DATE : 04/29/2019

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Subdivision Powelton Village

MLS Listing ID PAPH607944

Sold Date 04/29/19

HOA Y/N N

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $7,889

Tax Year 2019

Lot Size 7,080 Sqft

Acres 0.16

Lot Dimensions 60' x 118'

Property Description

A unique business and lifestyle opportunity awaits at the Cornerstone, a solidly performing bed and breakfast situated in historic Powelton Village on the edge of the Penn and Drexel campuses and just blocks from downtown Philadelphia with its myriad of historical, cultural, dining and sports attractions. Picture an elegant c.1870 Victorian manse replete with handsome woodwork, stain glass windows, impressive staircase, 12' ceilings, ornate fireplaces, pocket doors, bay windows and so much more. This is the Cornerstone. The inn offers five guest rooms all with bathrooms and a two bedroom guest suite with living room and bathroom. Just off the first floor's fabulous new fully equipped gourmet kitchen are the comfortable owners' quarters which include a living room, bedroom, bathroom, great closets and access to the kitchen. This area has a private entrance leading from an outdoor patio, the owners' private driveway and a two car garage. Public rooms on the first floor also include the lovely reception hall, comfy library for quiet reading and relaxing and the large dining room. With occupancy averaging 68%-72% year round the Cornerstone shows a reliable revenue history and profitability. It is ranked among the top five B & Bs in Philadelphia and has earned a certificate of excellence from Trip Advisor. The Penn and Drexel campuses are within walking distance and visitors to these institutions are among the many sources of occupancy for the Cornerstone. Philadelphia's 30th St Amtrak Station is a stone's throw away and it is a quick cab or train ride to Philadelphia International Airport. A special use zoning permit covers the Cornerstone as a bed and breakfast or as a single family residence. Find out more today.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RTA1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C, Window Unit(s)

Flooring Wood

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Utilities Available Cable TV, Electric Available, Sewer Available, Water Available

Water Access N

View Garden/Lawn

Roof Type Asphalt,Shingle,Tile

Accessibility None

Total Parking Spaces 4

Garage Y

Building

Lot Description Front Yard, Corner, SideYard(s)

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 883773500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Constance Gillespie • Elfant Wissahickon-Chestnut Hill
Bought with Non Member • Non Subscribing Office

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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