Bought with Qi Zhao • RE/MAX @ HOME
$1,225,000
$1,345,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
7,440 SqFt
SOLD DATE : 03/26/2021
Key Details
Sold Price $1,225,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $164
MLS Listing ID PAPH980800
Sold Date 03/26/21
HOA Y/N N
Year Built 1925
Annual Tax Amount $4,639
Tax Year 2020
Lot Size 3,219 Sqft
Acres 0.07
Lot Dimensions 39.25 x 82.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Newly Constructed in 2018. Fully Sprinklered. TPO Roof with 25 Year Manufacturer Warranty. Beautifully Designed to Incorporate Historic Facades with New Construction. Fully Installed Restaurant Built in 2019. Corner Property with CMX-2 Zoning. Overlooks Malcolm X. Park. Custom Herbie the Love Bug Mural Turnkey Mixed-Use Investment. Five (5) Residential Units + One (1) Commercial Unit (Four (4) Two-Bedroom Units +One (1) One-Bedroom ADA Accessible Unit). 100% Leased with Historically Fully Occupied $106,200 in Annual Income ($ 80,752 Net Operating Income)
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 36\"+ wide Halls, Chairlift
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881041835
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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