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Old belt factory in West Philly asks $99K

It could be the ultimate fixer-upper project

This warehouse in West Philly is in need of some TLC.
Courtesy of Damon Michels

For folks looking for a true fixer-upper, check out this old warehouse in West Philly that’s hit the market for just under $100,000.

Details are on the property are slim, but here’s what we do know. First, its location at 537 n. 64th Street means it’s about a 15-minute walk north from 63rd Street Station. It’s actually set back from the the street, behind some rowhomes, and there’s a private driveway to the property.

As for its history, the 1,760-square-foot property was built sometime in the 1900s and used as a belt factory, according to the listing. Property records show that at one point there were plans to turn it into a banquet hall, but nothing ever came of that.

Today, what remains is a shell of a building—there are no services like electric or plumbing—so whoever buys it will really have the ultimate fixer-upper on his or her hands. It’s zoned RM1, which accommodates moderate- to high-density, multi-unit residential buildings.

Listing agent David Cohen adds, “It has some amazing wood and floor finishes.”

The asking price is $99,000 and is being sold in as-is condition.