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Philadelphia,PA 19148
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Philadelphia
MLS Listing ID PAPH2442258
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $7,519
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 16.00 x 60.00
Property Description
Great Investment Opportunity! Own this corner-unit mixed-use (CMX-1) building in the desirable Passyunk Square neighborhood. Located one block from Broad Street and Passyunk Ave. The first floor is zoned commercial but is currently being used as a residential space for the owner's family friend.
The second floor features two bedrooms, one bathroom, and hardwood floors. The third floor offers one bedroom and one bathroom. The first-floor tenant can vacate with 60 days' notice. The property has separate meters and is easy to show. Sale As-Is. Projected Rents: Commercial Space: $2,000 per month
Second Floor: $1,600 per month. Third Floor: $1,200 per month. Projected Cap Rate: 9%
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Flooring Hardwood
Inclusions Existing appliances as is
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available,Electric Available,Natural Gas Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 394573000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional,Cash,FHA
Listing Terms Conventional,Cash,FHA
Financing Conventional,Cash,FHA
Special Listing Condition Standard