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PRICE $2,999,999 dsIDX morgage calculator
SIZE 5,828 sqft
LOT SIZE 3,050 sqft

763-65 S 8th St is an 8-plex (8 units) with ground floor commercial, 7 apts. and a 3-car garage at the corner of 8th & Fulton of Philadelphia, Pennsylvania. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the Italian Market. 763-65 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 3 entrances. One for the restaurant, one for 2 apts. at 765 S. 8th St. and one at the entrance on Fulton St. that houses 5 apts.

DAYS ON MARKET 1 LAST UPDATED 10/31/2024
YEAR BUILT 1911 COMMUNITY 19147 (19147)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA 19147 (19147)
HEAT Central, Natural Gas
LOT 3049 sq ft
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
TAXES 17862
VIEW Yes
VIEW DESCRIPTION City
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by Mercury Real Estate Group

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