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Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.
DAYS ON MARKET | 136 | LAST UPDATED | 7/9/2024 |
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TRACT | ALLEGHENY WEST | YEAR BUILT | 1930 |
COMMUNITY | 19140 (19140) | COUNTY | PHILADELPHIA |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 19140 (19140) |
HEAT | Central, Natural Gas |
LOT | 1742 sq ft |
LOT DIMENSIONS | 20.00 x 95.00 |
PARKING | On Street |
SEWER | Public Sewer |
STORIES | 4 |
SUBDIVISION | ALLEGHENY WEST |
TAXES | 6826 |
WATER | Public |
ZONING | 7 units by right and currently set up that way. 3 ground level commercial 4 upper residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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