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111 W Norris Street

PHILADELPHIA, PA 19122
  • $1,799,900
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: PAPH2469818
$1,799,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

School District:

Description

Location Location Location!!! Welcome to Patrick Flats, a stunning custom loft in heart of Fishtown / Norris Square. Beautiful, large, naturally lit, open spaces with new interior finishes, new roof, original refinished floors, & filled with awesome tenants. Are you are looking for something in your investment portfolio that "cash flies"?? That's right, Patrick Flats is beyond cash flow, this building CASH FLIES!!! Offering more that $150,000 in annual revenue..with room to grow, priced at a 7 CAP & in the hottest neighborhood Philadelphia has to offer! Walk to everything; Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, 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 and so on! Don't trust Wall Street with your money, trust Norris Street!! 100% Occupied with under market rents, this is your opportunity to make the investment of a lifetime as a result of just plain great timing! All six spaces offer Stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors 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. These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being thrown up all over the City. This is why we have been 100% occupied since gaining our Certificate Of Occupancy!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-22T23:51:58.15.
www.lenzateam.com/homes/162623193
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111 W Norris Street PHILADELPHIA, PA 19122

  • Price: $1,799,900
  • Status: Active
  • On Site: 7 Days
  • ID#: PAPH2469818
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
19122 (19122)
County:
Philadelphia
Area:
19122 (19122)
School District:
Philadelphia City
Property Description
Location Location Location!!! Welcome to Patrick Flats, a stunning custom loft in heart of Fishtown / Norris Square. Beautiful, large, naturally lit, open spaces with new interior finishes, new roof, original refinished floors, & filled with awesome tenants. Are you are looking for something in your investment portfolio that "cash flies"?? That's right, Patrick Flats is beyond cash flow, this building CASH FLIES!!! Offering more that $150,000 in annual revenue..with room to grow, priced at a 7 CAP & in the hottest neighborhood Philadelphia has to offer! Walk to everything; Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, 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 and so on! Don't trust Wall Street with your money, trust Norris Street!! 100% Occupied with under market rents, this is your opportunity to make the investment of a lifetime as a result of just plain great timing! All six spaces offer Stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors 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. These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being thrown up all over the City. This is why we have been 100% occupied since gaining our Certificate Of Occupancy!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Radiant90% Forced Air Heating YN Yes Net Square Feet 9000.00

Property Features

Accessibility Features Other Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 803767751676 Ownership Interest Other Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3820.00 Tax Lot 295 Total Actual Rent 150000.00 Vacation Rental YN No Water Source Public Year Built Effective 2024 Zoning IRMX

Listing courtesy of Keller Williams Main Line: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-22T23:51:58.15.
 
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