Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
Discover this outstanding investment in Lower Moyamensing! This property offers four, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $67,000 in gross annual income, with a 8.3% Cap rate (+/-), this property is an excellent addition to any investment portfolio. The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income. Beyond its investment potential, consider transforming this property into your dream mansion with parking! Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA. Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
On Street
Financial
-
Sales Price
$625,000
-
Tax Amount
13855.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
SOUTH PHILADELPHIA
Listing Courtesy of Eric J Gerchberg , OCF Realty LLC - Philadelphia
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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