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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,834 sqft
Price per Sqft $147
Subdivision Cobbs Creek
MLS Listing ID PAPH2121186
Sold Date 05/18/23
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $2,077
Tax Year 2023
Lot Size 1,673 Sqft
Acres 0.04
Lot Dimensions 16.00 x 120.00
Descripción de la propiedad
Newly renovated, 2-unit commercial mixed use building that consists of a first floor commercial space and a second floor residential apartment.
This is an excellent opportunity to own a newly renovated, income producing commercial mixed-use building along a major retail corridor in West Philadelphia.
The entire building was completely renovated in 2021, including new joists, HVAC, roof, etc. The CMX-2 zoning allows for a litany of commercial uses.
Well-positioned within a dense retail corridor, along with multiple new developments in the immediate area, this is an excellent investment in an area that is primed for inflows of new business.
Currently 100% occupied and produces $2,717 monthly.
The first floor commercial space is leased to The City of Philadelphia for $1,667 / monthly.
The second floor residential apartment is leased for $1,050 / monthly.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Multi-tank
Heating Central
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871215200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, Negotiable
Listing Terms Cash, Conventional, FHA, Negotiable
Financing Cash,Conventional,FHA,Negotiable
Special Listing Condition Standard
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Bought with Anna DePalma • Keller Williams Philadelphia