Investments Sales Management

233 E PENN STREET

PHILADELPHIA , PA 19144

MLS#: PAPH2120862

$1,299,900

Status: Closed
Listing number: PAPH2120862
Listing provided by: Keller Williams Philly
Listing agent phone: None
Last update: 1 year, 11 months ago
On site: 2 years ago
Browse Properties
GERMANTOWN - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

Welcome to 233 E Penn, also known as Alloa Place, a 12 unit apartment building. The converted mansion is comprised of 11 one bedroom units and 1 efficiency, most are rented below market rent. Listed as a 7.6 cap with a NOI of 97,977 in 2021, the building has a lot to offer, including coin operated laundry in the basement, am owner's storage space in the basement, separated utilities, and many original details still in tact. Tenants make use of on-site parking in the rear of the house, which easily handles 6+ cars. Some of the units have been updated while others have not, leaving the new owner room to add improvements. Videos of each individual unit are available. The building is located 2 blocks from Germantown Ave, and is located in a Federal Opportunity Zone. Reach out to the listing agent for more information and to schedule a showing.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas

Exterior

  • Garage

    No

  • Parking

    Private, Unassigned

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.64

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,299,900

  • Tax Amount

    9121.0

  • 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

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

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Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Alison Simon , Keller Williams Philly

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Welcome to 233 E Penn, also known as Alloa Place, a 12 unit apartment building. The converted mansion is comprised of 11 one bedroom units and 1 efficiency, most are rented below market rent. Listed as a 7.6 cap with a NOI of 97,977 in 2021, the building has a lot to offer, including coin operated laundry in the basement, am owner's storage space in the basement, separated utilities, and many original details still in tact. Tenants make use of on-site parking in the rear of the house, which easily handles 6+ cars. Some of the units have been updated while others have not, leaving the new owner room to add improvements. Videos of each individual unit are available. The building is located 2 blocks from Germantown Ave, and is located in a Federal Opportunity Zone. Reach out to the listing agent for more information and to schedule a showing.

233 E PENN STREET

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