Contemporary

1016 COTTMAN AVENUE

PHILADELPHIA , PA 19111

MLS#: PAPH2094662

$1,680,000

Status: Active

Listing number: PAPH2094662

Listing provided by: Home Max Realty

Listing agent phone: None

Last update: a month ago

On site: 3 years ago

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Property

Beds

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

N/A

True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .

Features & Amenities

Interior

Total Bedrooms

7
Bathrooms

N/A
Basement YN

YES
Cooling YN

YES
Cooling

Central Air, Electric
Heating YN

YES
Heating

Natural Gas, Forced Air

Exterior

Garage

No
Parking

Parking Lot
Pool

Yes
Pool Features

None
Waterfront YN

NO

Area & Lot

Lot Size(acres)

0.2
Property Type

Residential Income
Property Sub Type

Multi Family
Architectural Style

Contemporary

Price

Sales Price

$1,680,000
Tax Amount

6241.0
Sq. Footage

N/A
Price/SqFt

N/A

HOA

Association

No

School District

Elementary School

N/A
Middle School

N/A
High School

N/A

Property Features

Accessibility Features

Accessible Doors
Sewer

Public Sewer

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PHILADELPHIA

Elementary School

Middle School

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Listing Courtesy of Jie Chen , Home Max Realty

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Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com

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True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear.
This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills.
are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .

1016 COTTMAN AVENUE

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Contemporary

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Jie Chen , Home Max Realty

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