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Key Details
Sold Price $460,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $147
Subdivision Overbrook Farms
MLS Listing ID PAPH2169316
Sold Date 09/29/23
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $2,183
Tax Year 2022
Lot Size 2,670 Sqft
Acres 0.06
Lot Dimensions 30.00 x 89.00
Property Description
4 Unit Building. This lucrative and fully rented property in Overbrook Farms , consists of a 2 bedroom and a 1 bedroom, (possibly can be made into a 2 bedroom ) over 2 commercial units, all with private entrances. All units are paying market rent and have separate heat, hot water, gas, and electric. The apartments each have central air , hard wood floors throughout with updated kitchens and baths. This building is situated in a desireable and high traffic area within walking distance to SEPTA Regional Rail, bus routes, St. Joseph's University, City Line Ave and neighborhood shops. This is an excellent opportunity for an investor looking to purchase an income generating mixed use building. 50,976.00 net opporating income: 37,690.00 cap rate 7.86
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Hardwood
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Level Entry - Main, 2+ Access Exits
Garage N
Building
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871546430
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Kendra L Chavis • Chennault Real Estate
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