UPDATED:
08/25/2024 11:00 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,934 sqft
Price per Sqft $88
MLS Listing ID PAPH2360526
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,567
Tax Year 2024
Lot Size 2,300 Sqft
Acres 0.05
Lot Dimensions 23.00 x 100.00
Property Description
The basement, accessed via a side entrance, houses the heaters for all units. All utilities are separated except for water. Most units have been recently updated. The front commercial unit rents for $1,400 per month, the rear commercial unit for $900 per month, and the apartments each rent for $800 per month. Currently, one apartment unit is vacant.
The current rents are below the average for the area, providing the new owner with an opportunity to increase cash flow and property value by adjusting the units to market rent. This property is priced to sell. Don’t miss out on this incredible opportunity!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871188950
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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