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Tag Archives | 1709-13 S. 12th St.

What's Happening in:  East Passyunk Crossing 

3 building package sold at 12th and Passyunk

The three-building package on the prominent corner of 12th and Passyunk sold in May for $765,000, according to Zillow. That’s more than $200,000 shy of the original list price in April 2014.

Image from ReMax listing

Image from ReMax listing

Two of the buildings currently house a dollar store in a conjoined storefront, and the third has Jillayne’s Boutique, which just opened this spring shortly after the “Mob-Wife”-owned Addiction boutique closed.

The buildings, which are 1709, 1711 and 1713 S. 12th St., at Passyunk and Watkins, also include four apartments. The listing had said that all the residential leases were month to month, providing “potential for significant increase in rental income.”

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3 more buildings for sale at 12th and Passyunk; potential for ‘significant increase’ in rent

A month after the Interior Concepts building was put up for sale for a whopping $2.9 million, a three-building package a couple doors down has come onto the market for about $2 million less.

The package is going for $985,000 and includes 1709, 1711 and 1713 S. 12th St., at Passyunk and Watkins. 1709-11 is the dollar store, and 1713 is “Mob Wife”-owned Addiction Boutique. The listing says that all the leases, including for the four apartments on the second and third floors, are month to month, providing “potential for significant increase in rental income.”

Says the listing:

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