4771 Tacony Street

Description

4771 Tacony Street - 2,120 Ft+- Mixed Use Building + 2 Garages (Commercial -1st floor/residential 2nd floor) situated in the 19137 zip code. This corner property is sitting in a prime location right off of the I-95 South Entrance Ramp with high visibility and commuter volume of (15-20,000 vehicles per day). Great spot to mount a large billboard/sign to the roof of the 2 story carriage house. The building is currently set up as a multi-family residential property; 1st floor has a large open space with 14 foot ceilings, full kitchen & 3 piece bathroom - this space could be converted into a barber shop or salon (rent potential of $4,000/month) and is currently zoned commercial. The second floor is a 3 bedroom unit with a full bathroom and kitchen, this unit has access to the second floor of the carriage house and roof deck. The basement is finished, has a full bath and all the plumbing is complete for the addition of a kitchen. Each space in the building has its own entrance point. The rear of the property has 2 separate and secure garages which are currently being rented out to contractors. The building is a cash cow with 5 different potential streams of income: 1st floor & 2nd floor pays $700/month each (below market value rent), basement & garage pays $1600/month for a total of $3,000 month in rental income. 3 Meters in the basement with 2 - 100 AMP electric panels. Owner pays water, all electric baseboard heaters, no gas. It sits on a 20X100 ft corner lot at Tacony & Buckius Street. Taxes are very low: $2,102 for 2022. Excellent investment opportunity. Owner needs to be present for showings, preferably would like to schedule all showings on the same day. Cash or Conventional deals only! Offered at $380,000!