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Listed by Richard K Cassell • KW Empower
$225,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2528212
HOA Y/N N
Annual Tax Amount $2,365
Tax Year 2025
Lot Size 0.294 Acres
Acres 0.29
Lot Dimensions 52.00 x 192.00
Property Sub-Type Land
Source BRIGHT
Property Description
3609–11 N 2nd St – Rear Fenced Lot
Month-to-month tenant @ $5,250/month = $63K/year income.
Estimated value ˜ $650,000 (9–10% cap on current income).
Potential upside with long-term lease & rent escalations.
Part of a larger portfolio package.
Rear Access from warehouse and side access from 2nd street.
Month-to-month tenant @ $5,250/month = $63K/year income.
Estimated value ˜ $650,000 (9–10% cap on current income).
Potential upside with long-term lease & rent escalations.
Part of a larger portfolio package.
Rear Access from warehouse and side access from 2nd street.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning I3
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 885972000
Ownership Fee Simple
Special Listing Condition Standard
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