Bought with Jeniffer Benner • KW Empower
$760,000
$799,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
2,710 SqFt
SOLD DATE : 04/10/2025
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,710 sqft
Price per Sqft $280
Subdivision Passyunk Square
MLS Listing ID PAPH2436714
Sold Date 04/10/25
Style Straight Thru
Abv Grd Liv Area 2,710
Year Built 1915
Annual Tax Amount $4,566
Tax Year 2024
Lot Size 1,190 Sqft
Acres 0.03
Lot Dimensions 17.00 x 70.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
GREAT DEAL!!! 3-Story Commercial Building for Sale – Income-Producing Property!This fully-leased 5-UNIT BUILDING is a fantastic investment opportunity, generating an impressive annual income of nearly $70,000. Situated in a PRIME LOCATION, it offers a mix of commercial and residential spaces, catering to various tenants' needs. The First Floor features a commercial unit, currently being used as a flower shop. The 2nd first floor unit is an effificiency unit with a kitchen and bathroom, but has been combined with the first floor unit recently, and is rented out on a separate lease to the first floor commercial space tenant. The second floor: houses TWO 1-BEDROOM, 1-BATH APARTMENTS, both well-maintained and attractive to tenants. These units are cozy and comfortable, ensuring high occupancy rates.The third floor unit includes a 1-BEDROOM, 1-BATH APARTMENT WITH A ROOFTOP DECK offering breathtaking views of downtown Philadelphia. Imagine enjoying evenings on this private deck – a true city-living gem! The property also features A SHARED LAUNDRY ROOM for residents' convenience. Regarding mechanicals, the property features a NEWER ROOF and updated HOT WATER HEATERS for the new owner's peace of mind. The property also features central A/C systems on the first and third floors. Each unit is separately metered, simplifying management. And an extremely important note...SELLER OPEN TO SELLER FINANCING, providing flexible options for buyers.Don't miss out on this outstanding investment! Contact us today to schedule a viewing and learn more about this exceptional property.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air, Radiator
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 2710
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871501780
Ownership Fee Simple
SqFt Source 2710
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
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