Remarks

GREAT DEAL!!! 3-Story Commercial Building for Sale – Income-Producing Property!This fully-leased 5-UNIT BUILDING is a fantastic investment opportunity, generating an impressive annual income of nearly $70,000. Situated in a PRIME LOCATION, it offers a mix of commercial and residential spaces, catering to various tenants' needs. The First Floor features a commercial unit, currently being used as a flower shop. The 2nd first floor unit is an effificiency unit with a kitchen and bathroom, but has been combined with the first floor unit recently, and is rented out on a separate lease to the first floor commercial space tenant. The second floor: houses TWO 1-BEDROOM, 1-BATH APARTMENTS, both well-maintained and attractive to tenants. These units are cozy and comfortable, ensuring high occupancy rates.The third floor unit includes a 1-BEDROOM, 1-BATH APARTMENT WITH A ROOFTOP DECK offering breathtaking views of downtown Philadelphia. Imagine enjoying evenings on this private deck – a true city-living gem! The property also features A SHARED LAUNDRY ROOM for residents’ convenience. Regarding mechanicals, the property features a NEWER ROOF and updated HOT WATER HEATERS for the new owner's peace of mind. The property also features central A/C systems on the first and third floors. Each unit is separately metered, simplifying management. And an extremely important note...SELLER OPEN TO SELLER FINANCING, providing flexible options for buyers.Don’t miss out on this outstanding investment! Contact us today to schedule a viewing and learn more about this exceptional property.

Details

MLS#: PAPH2434620
Price: $799,900

Year Built: 1915

County: PHILADELPHIA
Subdivision: Passyunk Square
Tax Fee: 4998.0