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    3525 Kensington Avenue

    PHILADELPHIA, PA 19134
    • $164,900
    • STATUS: Active
    • ON SITE: 296 days
    • ID#: PAPH966892
    Price Reduced
    UPDATED: 67 min ago
    $164,900
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    3525 Kensington Ave is a Great Investment with 3 units and a potential of $2570 plus per month or Collect $1,570 or more a month in rent and Run your own business in the currently unoccupied First Floor of this CMX-2 Zoned property for free and enjoy super low taxes which were $712 for all of 2020. First floor of this Mixed Use Property features a Commercial Storefront that has been kept intentionally ready to Lease out and has a New HVAC system , New Front Window and Doors for the Business and Apt have been installed as well as Security Doors. It was last rented under current market rents at $1,000 a month was left vacant for you to do as you like upon purchase. Second Floor features 2 Remodeled Gems: -Apartment #1 is a 550 Sq ft , 1 Bedroom 1 Bath Jr. Unit that was being rented for $770 per month til the landlord decided not to fill the apt before selling. It has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. -Apartment #2 is a 600 Sq ft , 1 Bedroom 1 Bath Jr. Unit that is currently being rented for $800 per month until 10/31/2021 and has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. This is a Great Investment Opportunity to get your money out of the Stock Mkt or Diversify. It would make the right Business owner a great location for their own business and a great way to keep a low overhead. Contact me today to start off your portfolio with a jumpstart of multiple income streams from one extremely affordable property. This one is a homerun. Maken Studios, J St. LOFTS and J-Centrel are all projects of this owner and in the same neighborhood. Ride the coattails on well over 100 Million Dollars worth of investments in one square mile. This is Just One of Many Portfolio Ready Investments Available For the Wise Investor Looking for options to diversify. First Timer Notice: The Owners like to make Homeowners out of Renters and we want to talk to you about how we can help you get your first home! Opportunity is Knocking, Call Today! Very Conveniently located where you can Jump on the Market Frankford Line and you are in Fishtown, Center City or on your way up or down the East Coast to Washington or New York in no time at all. I-95, Route 1 , 676, The Turnpike and Local Bridges to Jersey are very convenient for road trips as well.

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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: 2021-09-24T09:54:06.907.
    www.lenzateam.com/homes/112291599
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    3525 Kensington Avenue PHILADELPHIA, PA 19134

    • Price: $164,900
    • Status: Active
    • Updated: 67 min ago
    • ID#: PAPH966892
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1915
    Built
    Neighborhood:
    19134 (19134)
    County:
    Philadelphia
    Area:
    19134 (19134)
    School District:
    The School District Of Philadelphia
    Property Description
    3525 Kensington Ave is a Great Investment with 3 units and a potential of $2570 plus per month or Collect $1,570 or more a month in rent and Run your own business in the currently unoccupied First Floor of this CMX-2 Zoned property for free and enjoy super low taxes which were $712 for all of 2020. First floor of this Mixed Use Property features a Commercial Storefront that has been kept intentionally ready to Lease out and has a New HVAC system , New Front Window and Doors for the Business and Apt have been installed as well as Security Doors. It was last rented under current market rents at $1,000 a month was left vacant for you to do as you like upon purchase. Second Floor features 2 Remodeled Gems: -Apartment #1 is a 550 Sq ft , 1 Bedroom 1 Bath Jr. Unit that was being rented for $770 per month til the landlord decided not to fill the apt before selling. It has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. -Apartment #2 is a 600 Sq ft , 1 Bedroom 1 Bath Jr. Unit that is currently being rented for $800 per month until 10/31/2021 and has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. This is a Great Investment Opportunity to get your money out of the Stock Mkt or Diversify. It would make the right Business owner a great location for their own business and a great way to keep a low overhead. Contact me today to start off your portfolio with a jumpstart of multiple income streams from one extremely affordable property. This one is a homerun. Maken Studios, J St. LOFTS and J-Centrel are all projects of this owner and in the same neighborhood. Ride the coattails on well over 100 Million Dollars worth of investments in one square mile. This is Just One of Many Portfolio Ready Investments Available For the Wise Investor Looking for options to diversify. First Timer Notice: The Owners like to make Homeowners out of Renters and we want to talk to you about how we can help you get your first home! Opportunity is Knocking, Call Today! Very Conveniently located where you can Jump on the Market Frankford Line and you are in Fishtown, Center City or on your way up or down the East Coast to Washington or New York in no time at all. I-95, Route 1 , 676, The Turnpike and Local Bridges to Jersey are very convenient for road trips as well.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 1632.00 Cooling Ductless/Mini-Split Exclusions Tenant's Personal Belongings Heating Energy Star Heating System Heating YN Yes Net Square Feet 1632.00

    Property Features

    Accessibility Features 2+ Access Exits Assessment Year 2021 Association YN No Business Type MedicalOther/General RetailProfessionalOther Central Air YN No Cooling Fuel Electric Cross Street E Atlantic St Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 304407226747 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 712.00 Tax Assessment Amount 50900.00 Tax Lot 225 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Coldwell Banker Hearthside Realtors.


    ©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: 2021-09-24T09:54:06.907.
     
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    The Matt Lenza Real Estate Team | Keller Williams
    1400 North Providence Rd
    Media PA, 19063