1916-18 E Passyunk Avenue

    PHILADELPHIA, PA 19148
    • $1,450,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: PAPH832290
    Price Reduced
    $1,450,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,189
      SQFT
    • $346
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    1916-18 is FOR SALE SEPARATE FROM 1914! 1916, and 1918 is a prime 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. Commercial tenant is a triple net lease with renewal options and also with rent increases built in. The two apartments also share in the expenses - they pay their part of the water/sewer bill and trash. The 2nd floor apartment is currently vacant and for rent at $1500/mo. In 1916-18, tenants pay their own gas and electric. Rare opportunity! Act now!

    Monthly Payment Calculator



    ©2019 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. 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: 2019-11-21T23:23:51.183.
    www.seeinsidethehouse.com/homes/98850375

    1916-18 E Passyunk Avenue PHILADELPHIA, PA 19148

    • Price: $1,450,000
    • Status: Active
    • ID#: PAPH832290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,189
    SQFT
    $346
    $/SQFT
    1915
    Built
    Neighborhood:
    Passyunk Square
    County:
    Philadelphia
    Area:
    19148 (19148)
    School District:
    The School District Of Philadelphia
    Property Description
    1916-18 is FOR SALE SEPARATE FROM 1914! 1916, and 1918 is a prime 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. Commercial tenant is a triple net lease with renewal options and also with rent increases built in. The two apartments also share in the expenses - they pay their part of the water/sewer bill and trash. The 2nd floor apartment is currently vacant and for rent at $1500/mo. In 1916-18, tenants pay their own gas and electric. Rare opportunity! Act now!
    Exterior Features

    Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 4189 Appliances RefrigeratorOven/Range - GasDishwasherWasherDryerMicrowave Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CDuctless/Mini-SplitWall Unit Exclusions Any And All Appliances Owned By Tenants And Personal Or Business Property Owned By Tenants Fireplaces Total 0 Heating Forced AirBaseboard - Hot WaterHot WaterCentralRadiatorRadiant Heating YN Yes Inclusions Any And All Appliances in Lease Agreements And Owned By Landlords Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2019 Association YN No Central Air YN Yes Cooling Fuel Electric Cross Street Mckean And Mifflin Sts Existing Lease Type Month To MonthLong TermTriple Net Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 302037127495 Owner Pays InsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession ImmediateSubject To Existing Lease Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 9663.0 Tax Assessment Amount 690300.0 Tax Lot 298 Total Actual Rent 91152.00 Utilities Cable Tv AvailableNatural Gas AvailableElectric AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Cmx25

    Listing courtesy of Century 21 Forrester Real Estate.


    ©2019 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. 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: 2019-11-21T23:23:51.183.
     
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