5734-38 OLD SECOND ST, Philadelphia, PA 19120
5734-38 OLD SECOND ST, Philadelphia, PA 19120
5734-38 OLD SECOND ST, Philadelphia, PA 19120
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Listed by Zhan Su • Longlong Zhan Real Estate Investment
$2,800,000
Est. payment /mo
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1.02 Acres Lot
Active

5734-38 OLD SECOND ST Philadelphia, PA 19120

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Hope Greenlee

Hope Greenlee

+1(443) 743-0551

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2516996

Year Built 1940

Annual Tax Amount $33,269

Tax Year 2023

Lot Size 1.021 Acres

Acres 1.02

Property Sub-Type Retail

Source BRIGHT

Property Description

This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CA1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 130.0

Utilities Available Electric Available, Natural Gas Available

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 130

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882136700

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Phone +1(443) 743-0551

Address 1425 Clarkview Rd, Baltimore, MD, 21209, USA

Website https://hopegreenleerealtor.com/

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

Hope Greenlee

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Phone

+1(443) 743-0551

Address

1425 Clarkview Rd, Baltimore, MD, 21209, USA

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