Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
2,950
Excellent opportunity to own a newly renovated, fully occupied mixed-use property featuring a first-floor commercial unit and three residential apartments above. The commercial space is currently occupied by a long-term dance studio tenant with interest in negotiating a long-term lease. The residential units consist of three one-bedroom, one-bath apartments, all upgraded with white cabinetry, quartz countertops, stainless steel appliances, gray vinyl flooring, recessed lighting and in-unit washer and dryer. Central HVAC serves the entire building. Parking is available for rent across the street. Ideally located near the Broad Street Line and within walking distance to Passyunk Avenue. Property generates $74,100 in gross annual rental income. Tenants pay all utilities, and leases include a $50 monthly annual rent increase upon renewal. Leases available upon request.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2950.0
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.01
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$750,000
-
Tax Amount
2742.0
-
Sq. Footage
2, 950
-
Price/SqFt
$254
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Septic Tank
-
Tax Lot
164
-
Water Source
Public
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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
Theresa Kehler
Call Theresa today to schedule a private showing.
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