Thank you
Jie Chen
Home Max Realty
215-904-7508
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
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Water Source : Public
Basement Description: Front Entrance
Cooling: Central A/C
Heating: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Year Built: 1950
Structure: Over Storefront
New Construction: No
Total Units: 3
Built: 1950
Construction Material: Masonry
Architecture: Contemporary
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 8,750
Dimensions: 70.00 x 125.00
Lot Size (Acres): 0.20
Architectural Style: Contemporary
Main Square Feet: 8,750
SQ ft: 0
SQ ft (Living Area): 0
Total Lot SQ ft: 8,750
Financing: Cash,Other
Appx. Lot Dimensions: 70.00 x 125.00
Total Acreage: 0.20
New Construction: No
Type: Contemporary
Possession: 31-60 Days CD
Days Of Market: 648
Annual Tax: $6,241
Tax Year: 2023
Total Taxes Payment Frequency: Annually
31-60 Days CD
Taxes Assessment Amount: $445,900
Parking Type: Parking Lot
Has Garage: N
Acceptable Financing: Cash,Other
Direction: use GPS
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Direction: use GPS
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1409 Greeby , Philadelphia, PA,19111 | $139,900 | 3 | 1.5 | -- | 1215 Sqft |
7352 Dungan Road , Philadelphia, PA,19111 | $395,000 | -- | -- | 1,320 | 2706 Sqft |
7912 Loretto Avenue , Philadelphia, PA,19111 | $184,900 | -- | -- | 3,373 | 3373 Sqft |
6724 Kerper Place , Philadelphia, PA,19111 | $3,000,000 | -- | -- | 131,116 | 131115.6 Sqft |
8024 Pine Road , Philadelphia, PA,19111 | $299,000 | 5 | 3 | -- | 3404 Sqft |
7204 & 7204 A Lawndale .., Philadelphia, PA,19111 | $59,000 | -- | -- | 3,163 | 3163 Sqft |
7212 Bingham Street , Philadelphia, PA,19111 | $125,000 | -- | -- | 5,550 | 5550 Sqft |
721 Levick Street , Philadelphia, PA,19111 | $50,000 | -- | -- | 2,875 | 2875 Sqft |
1211 Cottman Avenue , Philadelphia, PA,19111 | $349,999 | -- | -- | 1,934 | 4013 Sqft |
823 Longshore Avenue , Philadelphia, PA,19111 | $289,000 | 3 | 2.5 | 1,350 | 2860 Sqft |
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ByOwner last updated this listing 04/30/2024 @ 16:36
MLS: PAPH2094662
LISTED BY: Jie Chen , Home Max Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.