Thank you
William Holder
RE/MAX Classic
610-687-2900
The property is fully occupied. Please confirm the showing with the selling agent. 48 HR Notice is required. The only showing window will be 12/15/23 from 2 PM - 4 PM **Investment Opportunity: Prime Mixed-Use Property with Stable Tenancy** Discover a lucrative investment opportunity with this strategically positioned property that combines the best of residential and commercial real estate. This asset boasts two potential residential units and a thriving commercial space, all of which are currently tenant-occupied, ensuring a steady and reliable income stream. 1. **Residential Units:** - The main house is being used as one unit even though the basement may be converted into its own unit. - Both units are currently occupied by reliable tenants, providing immediate cash flow. - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces. - The residential component ensures a stable rental income with the potential for future appreciation. 2. **Commercial Unit:** - The property includes a versatile commercial unit, catering to a wide range of businesses. - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees. - Currently occupied by a cell phone store. 3. **Location:** - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values. - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal. - Brand new amazon fullfilment facility directly across the street which should provide financial growth for the community. 4. **Financial Stability:** - With all units currently leased, investors can enjoy immediate returns on their investment. - The mix of residential and commercial tenants diversifies the income stream, reducing risk and enhancing stability. 5. **Potential for Value Enhancement:** - The property offers potential for value enhancement through strategic renovations or improvements, further increasing rental income and property value. Similar properties fully renovated have sold for over 350k. **Investment Highlights:** - Strong and diverse rental income from both residential and commercial tenants. - Immediate cash flow. - Opportunity for future appreciation in a high-demand location. - Well-maintained and attractive property with potential for value enhancement. Don't miss out on this exceptional investment opportunity that combines the reliability of residential leasing with the potential for lucrative commercial returns. Contact us today to secure your stake in this prime real estate venture.
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Water Source : Public
Roof : Flat
Flat
Cooling: None
Heating: Radiator
Cooling Fuel: Electric
Heating Fuel: Electric
Year Built: 1935
Structure: End of Row/Townhouse
New Construction: No
Total Units: 3
Built: 1935
Construction Material: Masonry
Roof: Flat
Foundation/Basement: Brick/Mortar
Architecture: Dwelling with Rental
Pool/Private: No Pool
Roof Type: Flat
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 1,150
Dimensions: 17.00 x 70.00
Lot Size (Acres): 0.03
Architectural Style: Dwelling with Rental
Stories Total: 2
Main Square Feet: 1,150
SQ ft: 1,518
SQ ft (Living Area): 1,518
Total Lot SQ ft: 1,150
Financing: Cash,Conventional
Appx. Lot Dimensions: 17.00 x 70.00
Total Acreage: 0.03
New Construction: No
Type: Dwelling with Rental
Possession: Immediate,Negotiable,0-30 Days CD,31-60 Days CD,61-90 Days CD
Days Of Market: 115
Annual Tax: $1,641
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Immediate,Negotiable,0-30 Days CD,31-60 Days CD,61-90 Days CD
Taxes Assessment Amount: $117,300
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash,Conventional
Roof: Flat
Direction: Philadelphia Pennsylvania Take Walnut St, I-76, W Passyunk Ave and S 61st St to Buist Ave 16 min (5.6 mi) Continue on Buist Ave. Drive to Hobson St 4 min (0.7 mi) 2500 Hobson St Philadelphia, PA 19142
Elementary School: JOHN M PATTERSON
Middle OR Junior School: PENN ALEXANDER SCHOOL
High School: BARTRAM J
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Direction: Philadelphia Pennsylvania Take Walnut St, I-76, W Passyunk Ave and S 61st St to Buist Ave 16 min (5.6 mi) Continue on Buist Ave. Drive to Hobson St 4 min (0.7 mi) 2500 Hobson St Philadelphia, PA 19142
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6706 Woodland Avenue , Philadelphia, PA,19142 | $199,000 | -- | -- | -- | 1132 Sqft |
6308 Chester Avenue , Philadelphia, PA,19142 | $79,999 | -- | -- | -- | 1168 Sqft |
2034 S 61st Street , Philadelphia, PA,19142 | $95,000 | -- | -- | 1,231 | 1231 Sqft |
7129 Grays Avenue , Philadelphia, PA,19142 | $260,000 | 1 | 1.0 | 910 | 5267 Sqft |
7036 Greenway Avenue , Philadelphia, PA,19142 | $50,000 | -- | -- | 2,007 | 2007 Sqft |
7038 Greenway Avenue , Philadelphia, PA,19142 | $50,000 | -- | -- | 2,007 | 2007 Sqft |
6901 Greenway Avenue , Philadelphia, PA,19142 | $25,000 | -- | -- | 396 | 396 Acres |
6151 Reedland Street , Philadelphia, PA,19142 | $124,999 | 3 | 1.0 | 1,092 | 937 Sqft |
6148 Reedland Street , Philadelphia, PA,19142 | $109,900 | 3 | 1.0 | -- | 992 Sqft |
6600 Woodland Avenue , Philadelphia, PA,19142 | $570,000 | -- | -- | 3,140 | 1808 Sqft |
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ByOwner last updated this listing 05/08/2024 @ 20:48
MLS: PAPH2300582
LISTED BY: William Holder , RE/MAX Classic
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.