Investments Sales Management

449 N 50TH STREET 55

PHILADELPHIA , PA 19139

MLS#: PAPH935784

$2,100,000

Status: Closed
Listing number: PAPH935784
Listing provided by: Keller Williams Philly
Listing agent phone: None
Last update: 1 year, 11 months ago
On site: 4 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

449-55 N 50th Street is a large RM-2 Zoned building in West Philadelphia. This property is located 3 blocks north of market and a ten minute walk to Karabots Pediatric Care Center as well as a 10 minute drive to University City. This property is 18,000 SF with 20 1 bedroom units and 4 Studios. The average rent is currently $780 a month. There are 4 units left to renovate. The newly renovated units bring in $800-$875 a month. The effective rent is currently $17,293.33 a month with one vacant unit (Currently pending applications) . There is an option to add an addition 2 units along with a laundry room in the basement.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,100,000

  • Tax Amount

    18609.0

  • 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

  • Sewer

    Public Sewer

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Location

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PHILADELPHIA

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Listing Courtesy of Stephen D. Stafford , 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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449-55 N 50th Street is a large RM-2 Zoned building in West Philadelphia. This property is located 3 blocks north of market and a ten minute walk to Karabots Pediatric Care Center as well as a 10 minute drive to University City. This property is 18,000 SF with 20 1 bedroom units and 4 Studios. The average rent is currently $780 a month. There are 4 units left to renovate. The newly renovated units bring in $800-$875 a month. The effective rent is currently $17,293.33 a month with one vacant unit (Currently pending applications) . There is an option to add an addition 2 units along with a laundry room in the basement.

449 N 50TH STREET 55

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