Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Welcome to 1800 Callowhill Street! Do not miss out on this amazing money making opportunity offering a true 6.5% cap rate in the heart of the city's most popular neighborhood "Fairmount". On the first floor, you ll find a fully rehabbed, modern cafe/ coffee shop (owner occupied) with a spacious layout and indoor and outdoor seating. In the back of the cafe is a large gated patio with ramp access. The attached basement allows for plenty of extra storage space and houses all utilities for the building. The second and third floors, above the cafe, house two renovated apartments currently rented at $1,350.00 and $1,650.00 per month. The first apartment features one bedroom, one bathroom, a spacious living area, and hardwood floors throughout. It also boasts an updated kitchen with granite counter tops and stainless steel appliances. The third floor has a two-bedroom apartment, which also has an upgraded kitchen and bathroom, as well as beautiful hardwood floors. This property was gut rehabbed in 2018, grosses $6,500.00 per month and has very low expenses. The location is Stellar, located near restaurants, galleries and public transportation. Cash on cash, you will not find a better deal in Center City. Set your appointment today.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,000,000
-
Tax Amount
11543.0
-
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
-
Sewer
Public Sewer
-
Tax Lot
151
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Michael R. McCann , KW Philly
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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