Patterson-Schwartz Real Estate111 W Norris Street, Philadelphia, PA 19122-2427 $1,799,900
Interior Sq. Ft: 5,740
Acreage: 0.07
Age:85 years
Style:
Contemporary
Subdivision: Norris Square
Design/Type:
Other
Description
Location Location Location! Welcome to 'Patrick Flats', a stunning fully occupied 6 units - legally zoned as 5 residential & 1 live/work - in the heart of Fishtown / Norris Square. The building cash flows beautifully, heck this building Cash Flies!!!!...offering more than $150,000 in annual revenue with room to grow since existing leases below are market rent values!! Or, consider being the Owner & Occupant where you can Live and / or Work in one & enjoy the income from the other 5 units. All are unique, beautiful, large, naturally lit, open space custom lofts with new interior finishes, new roof, new electrical service, upgraded mechanicals, original refinished floors & filled with incredible architectural details & awesome tenants! This incredible opportunity pencils as a great for an investor & for an owner occupant!! Entire building and all units renovated in 2023-24 with Permits and updated to the most current 2018 IBC (International Building Code). All units offer stainless steel appliances, dishwasher, butcher block counters, in unit washer / dryer, central air, gas heat/hot water, along with hydronic radiant heated floors in most units 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. Have I mentioned the location??? Walk to everything: Frankford Ave, Berks St SEPTA, ReAnimator Coffee, Stateside, Star Bolt, 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 & so on. This is the hottest neighborhood Philadelphia has to offer! Here is your opportunity to make the investment of a lifetime as a result of just great timing! These units are true lofts & deliver living / working space way beyond the generic vanilla boxes being built all over the City. Come see this special property for yourself. Listing can also be viewed via Commercial MLS # PAPH2469818 & Multifamily MLS # PAPH2476468.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
90% Forced Air, Radiant Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Full Basement, Fully Finished Basement
Exterior
Masonry
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (142 schools)
Public Middle (29 schools)
Public High (67 schools)
Private (90 schools)
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This report is a detailed community overview for Philadelphia (19122), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $37,204
Community Summary
- Population Density (ppl / mile): 17,071
- Household Size (ppl): 2.69
- Households w/ Children: 54%
Housing Inventory
- Owned: 2,868 (36.2%)
- Rented: 3,795 (47.8%)
- Vacant: 1,270 (16.0%)
- Total: 7,933
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 12.4%
- High School Graduate: 34.5%
- Some College: 13.6%
- Associate Degree: 4.1%
- Bachelor's Degree: 17.5%
- Graduate Degree: 8.6%
Income by dollar range
Median Income: $37,198
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $712
- One Bedroom: $813
- Two Bedroom: $955
- Three Bedroom: $1,264
- Four Bedroom: $878
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 410-392-6500
Listing Courtesy of: Keller Williams Main Line , (610) 520-0100, info@mainlinekw.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 6/21/2025.
