UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Parkside
MLS Listing ID PAPH2488802
Year Built 1915
Annual Tax Amount $4,290
Tax Year 2025
Lot Size 1,701 Sqft
Acres 0.04
Lot Dimensions 16.00 x 105.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Each unit features separate utilities (except water), and tenants have access to a coin operated washer and dryer in the basement. With a current cap rate of over 7% and a potential cap rate of over 14% if the new owner chooses Section 8 tenancy, this building offers outstanding current income and significant future upside. Don't miss your chance to own a well-maintained, income-generating property in a vibrant and growing neighborhood!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s), Wall Unit
Flooring Engineered Wood, Laminated
Heat Source Electric
Exterior
Water Access N
Roof Type Asphalt,Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Septic
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 062170110
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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