Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
2,950
Rare opportunity to own a fully occupied building renovated in 2022 with a commercial space on the first floor and three one bedroom one bath apartments above. This property has it all! First floor is currently being used as a dance studio by a long term tenant who is willing to negotiate a long term lease. Second and third level have a total of three units that consist of 1 Bedroom and 1 Bath. Each unit features white cabinetry w/ quartz countertops, stainless steel appliances, grey vinyl flooring, recessed lighting, spacious bedrooms w/ plenty of closet space and a washer and dryer. Entire building is equipped with Central HVAC. There is also a parking lot across the street with parking spaces available for rent for a monthly fee. Building is within steps to the broad street line and walking distance to Passyunk with all the shopping and restaurants. This is one you do not want to miss. Tenants pay all utilities. Each lease includes a $50.00 per month yearly rent increase if lease renewed. All leases are attached and available upon request.
Features & Amenities
Interior
-
Total Bedrooms
3
Area & Lot
-
Lot Size(acres)
0.01
-
Property Type
Residential Income
-
Architectural Style
Traditional
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$820,000
-
Tax Amount
2742.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Erik Lemons , EXIT Elevate Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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