Description
Rare opportunity to own a newly renovated and fully occupied building with a commercial space on the first floor and three one bedroom one bath apartments above. This property has it all! First floor is currently being used as a dance studio by a long term tenant who is willing to negotiate a long term lease. Second and third level have a total of three units that consist of 1 Bedroom and 1 Bath. Each unit features white cabinetry w/ quartz countertops, stainless steel appliances, grey vinyl flooring, recessed lighting, spacious bedrooms w/ plenty of closet space and a washer and dryer. Entire building is equipped with Central HVAC. There is also a parking lot across the street with parking spaces available for rent for a monthly fee. Building is within steps to the broad street line and walking distance to Passyunk with all the shopping and restaurants. This is one you do not want to miss. Property is grossing $74,100.00 in annual rental income. Tenants pay all utilities. Each lease includes a $50.00 per month yearly rent increase if lease renewed. All leases are attached and available upon request.
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0BEDS
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0.01ACRES
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0BATHS
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01/2 BATHS
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2,950SQFT
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$263$/SQFT
Description
Rare opportunity to own a newly renovated and fully occupied building with a commercial space on the first floor and three one bedroom one bath apartments above. This property has it all! First floor is currently being used as a dance studio by a long term tenant who is willing to negotiate a long term lease. Second and third level have a total of three units that consist of 1 Bedroom and 1 Bath. Each unit features white cabinetry w/ quartz countertops, stainless steel appliances, grey vinyl flooring, recessed lighting, spacious bedrooms w/ plenty of closet space and a washer and dryer. Entire building is equipped with Central HVAC. There is also a parking lot across the street with parking spaces available for rent for a monthly fee. Building is within steps to the broad street line and walking distance to Passyunk with all the shopping and restaurants. This is one you do not want to miss. Property is grossing $74,100.00 in annual rental income. Tenants pay all utilities. Each lease includes a $50.00 per month yearly rent increase if lease renewed. All leases are attached and available upon request.
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