Description
Discover this outstanding investment in lower moyamensing! this property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. currently earning over $61,000 in gross annual income, with a 6.7% cap rate, this property is an excellent addition to any investment portfolio.
the property includes three 800 sf, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. additionally, a 2,000+ sf commercial garage space is occupied by a local sign company, ensuring extra steady income.
beyond its investment potential, consider transforming this property into your dream mansion with parking!
located in bustling lower moyamensing, it provides proximity to all the restaurants and stores along passyunk ave, and septa.
act quickly to explore this versatile property in lower moyamensing. whether you're an investor or seeking your ideal home, this opportunity won't last long. contact us today to schedule a viewing!
Property Type
ResidentialSubdivision
Lower MoyamensingCounty
PHILADELPHIAStyle
Other,Converted DwellingAD ID
44989504
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
- Master Bedroom Level: 0
- Total Bedroom (Upper): 3
- Bedroom Upper Level 1: 3
Bathroom Information
- Total Baths: 4
- Full Baths: 3
- Half Baths: 1
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Flat
Roofing Information
- Flat
Heating & Cooling
- Cooling: Central A/C,Wall Unit
- Heating: Forced Air,Radiator
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas,Electric
-
Exterior Features
Building Information
- Year Built: 1925
- Structure: Detached
- New Construction: No
- Built: 1925
- Construction Material: Other
- Roof: Flat
- Foundation/Basement: Other
- Architecture: Other,Converted Dwelling
- Pool/Private: No Pool
- Roof Type: Flat
Exterior Features
- Utilities: Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 2,400
- Lot Size (Acres): 0.06
- Architectural Style: Other,Converted Dwelling
- Stories Total: 2
- Main Square Feet: 2,400
Property Information
- SQ ft: 4,800
- SQ ft (Living Area): 4,800
- Total Lot SQ ft: 2,400
- Subdivision: LOWER MOYAMENSING
- Total Acreage: 0.06
- New Construction: No
- Type: Other,Converted Dwelling
-
Listing Information
Listing Information
- Possession: Immediate,Negotiable
- Days Of Market: 152
-
Taxes / Assessments
Tax Information
- Annual Tax: $12,333
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,Negotiable
Assessment Information
- Taxes Assessment Amount: $881,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Roof: Flat
Homeowners Association Information
- Direction: Best bet is to use your GPS... Drive West on Ritner. Just past 10th St, make a right onto S Alder St. Property will be on your right.
-
School, Utilities & Location Details
School Information
- High School: SOUTH PHILADELPHIA
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas,Electric
- Hot Water: Electric
Location Information
- Location Type: Urban
- Direction: Best bet is to use your GPS... Drive West on Ritner. Just past 10th St, make a right onto S Alder St. Property will be on your right.
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BuyOwner last updated this listing 04/28/2024 @ 20:12
- MLS: PAPH2274242
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.75%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Home, with 3 bedrooms which is for sale, it has 0 sqft, 2,400 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19148, this PHILADELPHIA County Home , it is in the LOWER MOYAMENSING Subdivision, are nearby neighborhoods.