For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $149,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,110 sqft
Price per Sqft $47
Subdivision Frankford
MLS Listing ID PAPH2134016
Sold Date 08/05/22
Style Other
Abv Grd Liv Area 3,110
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $1,048
Tax Year 2022
Lot Size 3,623 Sqft
Acres 0.08
Property Description
Attention investors! If you are looking for cash flow, this is your asset! This mixed use, corner commercial property, located in the Frankford neighborhood, boasts over 3100 square feet of space including a rented garage with a long term tenant, and 2 separate apartments. The commercial garage and lot are rented for $650.00/ month, the first floor, 1 bedroom apartment is rented through a guaranteed rental program paying $750.00/ month and the huge 3 bedroom apartment will be rented at $900.00/month. That's a Gross income of $2,300.00/ month and a conservative asking price of $149,000.00. All utilities are separate, and the heaters and hot water tanks are in newer condition. This money maker is a no brainer! In these uncertain times, let your dollars work for you with this high yielding investment!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiator, Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884344610
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Donnell J Evans • HomeSmart Nexus Realty Group - Blue Bell
Get More Information