Investments Sales Management

Bi-level

6702 TORRESDALE AVENUE

PHILADELPHIA , PA 19135

MLS#: PAPH2011330

$350,000

Status: Closed
Listing number: PAPH2011330
Listing provided by: Realty Mark Cityscape
Listing agent phone: None
Last update: 1 year, 4 months ago
On site: 4 years ago
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Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1935

Sq.Footage

2,495

Don’t miss this great investment opportunity to own a commercial mixed use property that has tons of potential. The owner is either willing to just sell the profitable pizza business by itself for 125k or sell the whole commercial mixed use building that currently has a pizza shop on the ground level & 2 residential family units. The commercial space can be leased out for up to $1,800 a month or you can convert it to a business of your choosing. This mixed use building has great value! This building is also a multi family property that has 2 units for residential use. the 1st unit on the second floor is a spacious 2 bedroom unit that is well maintained & the 2nd unit is a cozy 1 bedroom, which both together can bring in an additional $1,800 a month in rent. This is a great investment property located on a popular street in Northeast Philadelphia can bring in up to $3,600 a month in passive income or $43,200 a year in total rental income. The cap rate on this property is 11.2%. The seller is extremely motivated & is ready to retire. This is truly a unique opportunity that does not come around often. Bravos Pizza is an extremely well known, profitable business that has plenty of customers & has been serving the community great food for years & you can be the next owner of a great business or building! Schedule your showing today if your serious about making some dough!

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2495.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Baseboard, Electric, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Awning(s)

  • Parking

    On Street

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Bi-level

Price

  • Sales Price

    $350,000

  • Tax Amount

    2650.0

  • Zoning

    This is a commercial mixed use building that has 2 residential units. CMX2 accommodates a wider range and size of commercial use

  • Sq. Footage

    2, 495

  • Price/SqFt

    $140

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Location

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PHILADELPHIA

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Listing Courtesy of James Gale , Realty Mark Cityscape

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Don’t miss this great investment opportunity to own a commercial mixed use property that has tons of potential. The owner is either willing to just sell the profitable pizza business by itself for 125k or sell the whole commercial mixed use building that currently has a pizza shop on the ground level & 2 residential family units. The commercial space can be leased out for up to $1,800 a month or you can convert it to a business of your choosing. This mixed use building has great value! This building is also a multi family property that has 2 units for residential use. the 1st unit on the second floor is a spacious 2 bedroom unit that is well maintained & the 2nd unit is a cozy 1 bedroom, which both together can bring in an additional $1,800 a month in rent. This is a great investment property located on a popular street in Northeast Philadelphia can bring in up to $3,600 a month in passive income or $43,200 a year in total rental income. The cap rate on this property is 11.2%. The seller is extremely motivated & is ready to retire. This is truly a unique opportunity that does not come around often. Bravos Pizza is an extremely well known, profitable business that has plenty of customers & has been serving the community great food for years & you can be the next owner of a great business or building! Schedule your showing today if your serious about making some dough!

6702 TORRESDALE AVENUE

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