6,756 SqFt
6,756 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,756 sqft
Price per Sqft $444
Subdivision Cobbs Creek
MLS Listing ID PAPH2473184
HOA Y/N N
Year Built 1910
Annual Tax Amount $26,253
Tax Year 2025
Lot Size 6,756 Sqft
Acres 0.16
Lot Dimensions 60.00 x 113
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia.
In a tight geographic area ideal for management and enhanced economies of scale. In a red-hot neighborhood with some under-valued rents and significant capital appreciation opportunity.
Professionally managed package (property manager can remain, at buyer's option).
An advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to all amenities, public transportation, "the El" Market-Frankford Line, and the Cobb Creek Trail, just minutes away. Other developments include a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements.
The building consists of 18 Apartments: "2"x 2-bedrooms, "16" x 1-bedroom apartments.
All Apartments are newly renovated and have newer kitchens, baths, ceiling fans, 100 Amp. Electric Service, Hook-ups for Washer/ Dryers (some Micro Waves & Washer/Dryers are already installed. All utilities are separate, except water; 24-hour video monitoring and WiFi. Each Unit has 3 PTACs, some have more. Package Terminal Air-Conditioners. They provide Central Heat & Air-Conditioning Power by electricity, paid by each residence. Each residence can set their units to their comfort zone, hot or cold.
Lobby entrance has a keyless call box that allows family and deliveries entry without leaving your unit, with a touch of your cell phone. Basement is full-sized, offering plenty of storage space with an office and a bathroom.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning COMMERICAL
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Hardwood, Ceramic Tile, Concrete
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Public
Garage N
Building
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881004780
Ownership Fee Simple
SqFt Source Estimated
Security Features Surveillance Sys,Smoke Detector,Main Entrance Lock
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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