111 W Norris Street Philadelphia, PA 19122
Listing Courtesy of: BRIGHT IDX / Keller Williams Main Line

  111 W Norris Street Philadelphia, PA 19122

Active (2 Days)
$1,799,900
7
BED
6
BATH
5,740
SQFT

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.

MLS #:
PAPH2469828
Taxes
$3,820(2025)
Lot Size
2,870 SQFT
Type
Single-Family Home
Year Built
1940
Style
Contemporary
School District
Philadelphia City
County
Philadelphia County

Listed By

John D McDonald, Keller Williams Main Line
Source
BRIGHT IDX
Last checked May 17 2025 at 3:15 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Subdivision
  • Norris Square
Property Features
  • Above Grade
  • Below Grade
Heating and Cooling
  • Radiant
  • 90% Forced Air
  • Central A/C
Basement Information
  • Fully Finished
  • Full
Exterior Features
  • Masonry
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Stories
  • 3
Living Area
  • 5,740 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/16/25 20:15