Commercial Sale - PHILADELPHIA, PA
A rare kind, hard to find mixed-use property with a nice backyard is now available for sale. Occupied by a commercial tenant on the first floor, the second floor is currently unoccupied but can be used as a 2 or 3-bedroom apartment. Great as owner occupied with tenants on the first floor paying owner' mortgage or as an investment property with both floors rented. Projected rent on the 2nd floor $550 per month plus water and electric in as-is condition. Property has separate electric service for both units, all heating is electric, plumbing and electrical wiring are updated, all other systems are in good shape and functioning. Front windows have an overhead gate covering them for the night for security reasons. Immediate possession is available. Owner is selling this great property due to consolidation of his operations with another office in Philadelphia. Private financing is available with substantial down payment and closing costs paid by the purchaser. Total Gross Expenses include RE Taxes, Prop. Insurance, Water, Trash Collection, and Maintenance. Commercial tenant on the 1st floor pays half of taxes, insurance, and water costs. Although the property is in good condition, owner prefers to sell the property as is. Note: Owner is a Licensed Real Estate Agent and is acting for his own account.
Would you like more information regarding this property?
Please call (267) 808-6333.
Data Provided by: