2647-49 E SOMERSET STREET
$475,000
One-of-a-Kind Opportunity with Garage + Development Potential in Philadelphia
Rare, separately deeded 3-car garage with its own parcel (2649 E Somerset St)--offering parking, storage, and potential for future residential conversion (variance required).
Located in the Port Richmond / Fishtown corridor, this property offers easy access to Center City, I-95, and neighborhood staples including local dining, shopping, and parks. A rapidly evolving section of the city with strong upside for both homeowners and investors.
2647 E Somerset Street is truly a unique offering. The main residence features 2 bedrooms and 2 full bathrooms, along with a spacious living and dining room combination and a nicely sized eat-in kitchen. A full basement provides additional storage and functionality.
What sets this property apart is the flexibility beyond the main home. Included is a separately deeded garage parcel at 2649 E Somerset Street, capable of housing up to 3 cars, plus a 2-car parking pad in front--an extremely rare find in the city. The garage is zoned CMX-1 and presents a potential development opportunity, as a variance may allow for conversion into a residential dwelling. The garage parcel carries its own tax record (approx. $375 annually).
Additionally, a detached 17x12 structure with wood-planked ceilings and air conditioning offers bonus space--ideal for a home office, studio, or game room as currently enjoyed.
Whether you're looking for a primary residence with unmatched parking, a live-plus-invest scenario, or your next development opportunity, this property delivers exceptional versatility. Schedule your showing today and explore the possibilities.