Thank you
Aitiya Hobson
United Real Estate
484-367-7727
This commercial/mixed-use property on Broad Street in the Logan area of Philadelphia is a rare opportunity for ownership. Zoned as CMX2.5, it offers tremendous potential for both owner-occupants and investors looking to rent out all units. With easy access to public transportation, major highways, hospitals, schools, and Center City, this property is perfectly situated. The property features a first-floor office space with a connected unfinished basement and three apartments, each with its own private entrance. The first-floor apartment is a spacious studio with an oversized living area, full-sized dining room, kitchen spaces, and private access to a large fenced backyard. The first-floor office space includes a waiting area, access to an unfinished basement and private bathroom which is located in the basement. Previously operated as a dental office and later a notary office, this versatile space has unlimited possibilities. On the second and third levels are two-bedroom, one-bath apartments with spacious kitchen and dining areas. The third-floor unit is currently tenant-occupied. These apartments offer an ideal living arrangement for renters seeking ample space in a vibrant neighborhood. Throughout the property, the beautiful original hardwood floors have been well-maintained over the years. While some refurbishment and updates may be necessary, this property presents an exceptional investment opportunity in an increasingly sought-after location. Don't miss out on this hidden gem! This great investment opportunity is being sold as-is where-is. The seller will not make any repairs, allowing the buyer to take full control of renovations and updates. With a total market value estimated at around $4,100+ per month in rental income, this property has incredible potential. Don't miss out on this rare chance to own such an amazing property. Please be respectful of the current tenant and refrain from disturbing them.
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Water Source : Public
Basement Description: Front Entrance,Unfinished
Cooling: None
Heating: Radiator
Cooling Fuel: None
Heating Fuel: Oil
Year Built: 1930
Structure: Twin/Semi-Detached
New Construction: No
Total Units: 1
Built: 1930
Construction Material: Masonry
Foundation/Basement: Brick/Mortar,Concrete Perimeter
Architecture: Straight Thru
Pool/Private: No Pool
Utilities: Natural Gas Available,Other
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 2,064
Dimensions: 20.00 x 103.00
Lot Size (Acres): 0.05
Architectural Style: Straight Thru
Stories Total: 3
Main Square Feet: 2,064
SQ ft: 3,480
SQ ft (Living Area): 3,480
Total Lot SQ ft: 2,064
Subdivision: LOGAN
Financing: Cash,Conventional,FHA 203(k)
Appx. Lot Dimensions: 20.00 x 103.00
Total Acreage: 0.05
New Construction: No
Type: Straight Thru
Possession: Immediate
Days Of Market: 1
Annual Tax: $2,063
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $147,400
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash,Conventional,FHA 203(k)
Direction: Use GPS Cross Streets are Ruscomb and Rockland
School District: PHILADELPHIA CITY
Natural Gas Available,Other
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: None
Heating Fuel: Oil
Hot Water: Natural Gas
Elevators: 0
Direction: Use GPS Cross Streets are Ruscomb and Rockland
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6233 N Gratz Street , Philadelphia, PA,19141 | $162,900 | 3 | 1.0 | 1,024 | 1200 Sqft |
5640 N 11th Street , Philadelphia, PA,19141 | $70,000 | -- | -- | 1,470 | 1470 Sqft |
5004 N 19th Street , Philadelphia, PA,19141 | $95,000 | -- | -- | 1,710 | 1710 Sqft |
4835 N Camac Street , Philadelphia, PA,19141 | $95,000 | -- | -- | 2,163 | 2163 Sqft |
4837 N Camac Street , Philadelphia, PA,19141 | $95,000 | -- | -- | 2,163 | 2163 Sqft |
5900 N Marvine Street , Philadelphia, PA,19141 | $125,000 | -- | -- | 1,672 | 1672 Sqft |
1500 W Nedro Avenue , Philadelphia, PA,19141 | $135,000 | -- | -- | 1,900 | 1900 Sqft |
5963 N Opal Street , Philadelphia, PA,19141 | $250,000 | -- | -- | 6,800 | 6800 Sqft |
1900 W Rockland Street , Philadelphia, PA,19141 | $750,000 | -- | -- | 23,300 | 23300 Sqft |
4946 N Uber Street , Philadelphia, PA,19141 | $250,000 | -- | -- | 3,520 | 3520 Sqft |
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ByOwner last updated this listing 04/28/2024 @ 21:45
MLS: PAPH2324236
LISTED BY: Aitiya Hobson , United Real Estate
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.