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Philadelphia,PA 19147
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Queen Village
MLS Listing ID PAPH2558022
Year Built 2008
Available Date 2025-11-14
Annual Tax Amount $8,068
Tax Year 2025
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Great Investment opportunity or 1031 exchange in the heart of one of the Best neighborhoods of the city, in Queen Village!
A well-maintained mixed use (CMX) corner bricked building is perfect for everyone is looking for a great cap rate of 6% and stable long term income investment property.
All units are tenants occupied/fully leased and produce income from the day One!
The building is composed of 5 total units, 4 Residential & 1 Restaurant.
Specifically:
1st floor commercial space is used as a luncheonette, and includes a spacy fully equipped kitchen and a sitting area.
1st floor One Bedroom apartment has a separate entrance and it is rented with a parking space (that is a part of the building too).
2nd floor has one (1) modern and capacious studio.
2nd floor has one (1) modern and capacious studio.
The top unit is a spacious and tasteful/high-toned 2 Bedroom/1 Bathroom apartment!
24 to 48 Hour Notice is requested, because all the units are occupied!
Please call for financial details.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX1
Interior
Hot Water Natural Gas
Cooling Ductless/Mini-Split
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Utilities Available Electric Available,Natural Gas Available,Phone Available,Water Available
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871044800
Ownership Fee Simple
Acceptable Financing Conventional,Exchange
Listing Terms Conventional,Exchange
Financing Conventional,Exchange
Special Listing Condition Standard