The historic Bergdoll Mansion is on the market for $6.5 million

  • 📰 PhillyDailyNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 67%

Bergdoll-Mansion-Spring-Garden-Real-Estate-Sale News

Business Business Latest News,Business Business Headlines

The Spring Garden home was lovingly restored over decades by owner Siraik Zakarian, who died in August. The home is listed on the national and Philadelphia Registers of Historic Places.

The Bergdoll Mansion, a Spring Garden property listed on the national and Philadelphia Registers of Historic Places, was listed for sale in October 2024 for $6.5 million.

Given the home’s price tag, “no one’s going to purchase it for the income of the units,” he said. And he doubts a new owner would want to live there with tenants.for a short time about a decade ago, McCann said. Given the uniqueness of the mansion and the small pool of buyers who would be looking for such a large home, the property could take six months to a year to sell, he said.

In 1989, a fire heavily damaged the mansion, and Zakarian bought it that year for $300,000 to keep it out of the hands of developers. Over decades, she spent more than $5 million on restorations, updates, and renovations, including carving apartments from huge rooms on the second and third floors and expanding the home.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 89. in BUSİNESS

Business Business Latest News, Business Business Headlines