1,608 SqFt
1,608 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $2,412
MLS Listing ID PAPH2535206
Year Built 1900
Annual Tax Amount $5,993
Tax Year 2022
Lot Size 1,608 Sqft
Acres 0.04
Lot Dimensions 18.77 x 84.70
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This high traffic, double wide 8000 square foot Queen Village building spans from 4th Street to Leithgow Street and contains eight high end completely renovated apartments (four two bedrooms, and four bi level one bedrooms) and 2 commercial spaces with credit tenants, with long term leases ( currently the UPS store and a Nail salon), all completely rented. This building offers a True 6% cap rate, and a much higher cash on cash return than having your money in the bank, with upside every year. These spaces were gut renovated in 2014-2015 and equipped with high end everything including hardwood floors, granite, stainless and cherry kitchens, gorgeous designer tile bathrooms, central air conditioning, multiple fiberglass roof decks, video intercoms, and the entire buildings are sprinklered and alarmed. There is a private, gated entrance for the tenants on Leithgow Street, and the stores have multiple means of egress. All of the utilities are separated and the responsibility of the tenants including water.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871299230
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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