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Description

***NEW PRICING***RECENTLY REDUCED***PRICED TO SELL***FINAL PRICE REDUCTION***THREE BUILDINGS FOR SALE ON EAST PASSYUNK AVENUE! PACKAGE DEAL OR OWNER WOULD SELL 1914 SEPARATE FROM 1916-18! Triple Net Leases! Separate Utilities! 6 UNITS - 2 COMMERCIAL AND 4 APARTMENTS. 1914, 1916, and 1918 is a prime package opportunity on one of the most bustling commercial corridors in Philadelphia. 1916-18 is a combined double property with a large double commercial store front and two large double sized 2 bedroom apartments. 1914 has a first floor commercial store and 2 one bedroom apartments above. Commercial tenants are triple net leases with renewal options and also with rent increases built in. The four apartments also share in the expenses - they pay their part of the water/sewer bill and trash. In 1914, owner pays the heat but tenants still pay their own gas and electric. In 1916-18, tenants pay their own gas and electric.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-17T13:56:59.507.
www.lenzateam.com/homes/113653150
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1914-18 E Passyunk Avenue PHILADELPHIA, PA 19148

  • Price: $1,800,000
  • Status: Active
  • Updated: 72 min ago
  • ID#: PAPH982548
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1915
Built
Neighborhood:
Passyunk Square
County:
Philadelphia
Area:
19148 (19148)
School District:
The School District Of Philadelphia
Property Description
***NEW PRICING***RECENTLY REDUCED***PRICED TO SELL***FINAL PRICE REDUCTION***THREE BUILDINGS FOR SALE ON EAST PASSYUNK AVENUE! PACKAGE DEAL OR OWNER WOULD SELL 1914 SEPARATE FROM 1916-18! Triple Net Leases! Separate Utilities! 6 UNITS - 2 COMMERCIAL AND 4 APARTMENTS. 1914, 1916, and 1918 is a prime package opportunity on one of the most bustling commercial corridors in Philadelphia. 1916-18 is a combined double property with a large double commercial store front and two large double sized 2 bedroom apartments. 1914 has a first floor commercial store and 2 one bedroom apartments above. Commercial tenants are triple net leases with renewal options and also with rent increases built in. The four apartments also share in the expenses - they pay their part of the water/sewer bill and trash. In 1914, owner pays the heat but tenants still pay their own gas and electric. In 1916-18, tenants pay their own gas and electric.
Exterior Features

Construction Materials Masonry Direction Faces East Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6409.00 Cooling Ceiling Fan(S)Central A/CWall UnitWindow Unit(S) Exclusions Any And All Appliances Owned By Tenants And Personal Or Business Property Owned By Tenants Heating Forced AirRadiatorRadiantHot WaterBaseboard - Electric Heating YN Yes Inclusions Any And All Appliances in Lease Agreements And Owned By Landlords Net Square Feet 6409.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Other/General RetailRestaurant/BarMedicalHair Salon And SpaApartment Building Central Air YN Yes Cooling Fuel Electric Cross Street Mckean And Mifflin Sts Gross Income 137727.00 Heating Fuel Natural GasElectric Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 304458709437 Owner Pays HeatInsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession ImmediateSubject To Existing Lease Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 9759.00 Tax Assessment Amount 697200.00 Total Actual Rent 137727.00 Utilities Electric AvailableNatural Gas AvailableSewer AvailableWater AvailableCable Tv AvailablePhone Available Vacation Rental YN No Water Source Public Zoning Cmx25 And Cmx2 Zoning Description Cmx25 is 1916-18 Epa And Cmx 2 is 1914 Epa

Listing courtesy of Century 21 Forrester Real Estate.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-17T13:56:59.507.
 
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The Matt Lenza Real Estate Team | Keller Williams
1400 North Providence Rd
Media PA, 19063