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6522 LEBANON AVENUE

PHILADELPHIA, PA 19151

MLS#: PAPH2669258

$1,148,000

Status: Active
Listing number: PAPH2669258
Listing provided by: Elite Realty Group Unl. Inc.
Listing agent phone: None
Last update: an hour ago
On site: 7 days ago
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Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

9,000

FULLY OCCUPIED MIXED-USE 8 UNIT PROPERTY| 9.29% CAP RATE | $11,282/MO INCOME | ***** A rare chance to acquire a mixed-use 8-Unit portfolio with immediate income delivering Powerful 9.29% Cap Rate with room to increase | 3 adjacent buildings on same Deed ****Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 9.29% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Above Grade Finished Area

    9000.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water, Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,264

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $1,148,000

  • Tax Amount

    $8,432

  • Sq. Footage

    9,000

  • Price/SqFt

    $127

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Alexander Molinski, Elite Realty Group Unl. Inc.

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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FULLY OCCUPIED MIXED-USE 8 UNIT PROPERTY| 9.29% CAP RATE | $11,282/MO INCOME | ***** A rare chance to acquire a mixed-use 8-Unit portfolio with immediate income delivering Powerful 9.29% Cap Rate with room to increase | 3 adjacent buildings on same Deed ****Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 9.29% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

6522 LEBANON AVENUE

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