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$895,000
Est. payment /mo
3,969 SqFt
UPDATED:
12/21/2024 03:53 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,969 sqft
Price per Sqft $225
MLS Listing ID PAPH2398114
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,163
Tax Year 2024
Lot Size 1,763 Sqft
Acres 0.04
Lot Dimensions 41.00 x 43.00
Property Description
Completely remodeled & occupied building, with a ground-floor commercial space and (2) 2 bedroom apartments above. Commercial Space is occupied by restaurant tenant at $5,665 NNN lease through 2028, with a 3% annual increase (starting in beginning of 2023) & option to renew. Unit 2 is rented at $1,550 a month - tenant renewing through 9/25 and Unit 3 is on the market for $1,550, we are actively seeking a qualified tenant. This also makes an ideal situation for a potential owner-occupant. Leases available upon request. Building is grossing $8,765 monthly, $105,180 annually. VERY minimal/low taxes & expenses. All units are separately metered and tenants pay all utilities. Located in a QOZ. Contact listing agent for more information & to schedule a showing.
Location
State PA
County Philadelphia
Area 19126 (19126)
Zoning CMX2
Interior
Hot Water Natural Gas, Electric
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871257950
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by David Snyder • KW Empower