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Seize the chance to own a high-performing, income-generating property in a prime location! This well-maintained commercial building is currently leased to a well-established home healthcare agency at $12,240 per month on a Triple Net (NNN) lease through September 2031, with a 3% annual rent increase and an option to renew. The NNN lease requires the tenant to cover all costs, including charges, taxes, insurance premiums, U&O tax, and utilities"”providing you with a truly passive income stream. Step inside to find a spacious and welcoming waiting room that leads to seven office spaces, two large conference rooms, a dedicated therapy room, a kitchen, and five half bathrooms. The property also offers multiple versatile areas in the back, perfect for hosting events, speakers, or educational programs. Additionally, there's a large, clean basement space, enhancing the property's functionality. Positioned on Ogontz Avenue, ensuring high visibility and accessibility. With a stable tenant in place and built-in rental growth, this is a solid investment opportunity that promises reliable income. Don't miss out on this exceptional investment"”schedule your showing today and unlock the potential of this remarkable property!
| DAYS ON MARKET | 6 | LAST UPDATED | 2/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | 19126 (19126) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19126 (19126) |
| HEAT | Forced Air, Natural Gas |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 35.00 x 110.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 2248 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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