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868 N 44TH STREET 70

PHILADELPHIA , PA 19104

MLS#: PAPH2529240

$700,000

Status: Active
Listing number: PAPH2529240
Listing provided by: KW Empower
Listing agent phone: None
Last update: a day ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

4,430

866-70 N 44th St, Philadelphia, PA. Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2x commercial 1st floor units and 4x residential units), grossing $6,505/month in rent income: 868 N 44th St ($1,410/month, commercial with private entrance) | 870 N 44th St Unit 1($1,390/month) | Unit 2 ($915/month) | Unit 3($915/month) | Unit 4 ($900/month) | Unit 5 ($945/month). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and all residential units have in-unit laundry, with off-stret parking in the rear. Building is fully sprinklered with fire alarm panel. Private trash and parking at 866 N 44th St, a separate 1,360 sq ft CMX-2 lot that is included with this sale. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,131/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Whether you’re looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of 868 N 44th St (commercial unit) are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4430.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $700,000

  • Tax Amount

    1130.0

  • Sq. Footage

    4, 430

  • Price/SqFt

    $158

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    544

  • Water Source

    Public

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Listing Courtesy of Eric Land , KW Empower

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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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866-70 N 44th St, Philadelphia, PA. Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2x commercial 1st floor units and 4x residential units), grossing $6,505/month in rent income: 868 N 44th St ($1,410/month, commercial with private entrance) | 870 N 44th St Unit 1($1,390/month) | Unit 2 ($915/month) | Unit 3($915/month) | Unit 4 ($900/month) | Unit 5 ($945/month). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and all residential units have in-unit laundry, with off-stret parking in the rear. Building is fully sprinklered with fire alarm panel. Private trash and parking at 866 N 44th St, a separate 1,360 sq ft CMX-2 lot that is included with this sale. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,131/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Whether you’re looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of 868 N 44th St (commercial unit) are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

868 N 44TH STREET 70

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