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    6727 Lansdowne Avenue

    PHILADELPHIA, PA 19151
    • $540,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: PAPH964154
    UPDATED: 32 min ago
    $540,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,754
      SQFT
    • $196
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Ratings & Info

    Description

    WONDERFUL INVESTMENT OPPORTUNITY for seasoned investor, business owner, or first time home buyer pursuing their dreams of building a business and wealth. The four(4) unit Quadruplex, or Quad, has a commercial storefront and three (3) 1-bedroom apartments located at the corner of the Overbrook section of West Philadelphia. It stands across from Morris ground and Overbrook Educational Center which brings daily foot traffic of exercise enthusiasts and dog walkers. The location is great! It is less than 1 (one) mile from the City Ave corridor, Montgomery County Main Line, Lankenau Medical Center, several high schools, middle schools, supermarkets, and Karakung Golf Course. 2 miles to St Joseph University. 1.2 miles to the 69th Street transportation center that travels to University City and Center City in minutes. Routes 76, 476, & I-95 not a problem. Finally, Septa bus routes 31 and 65 stops at the corner of the block. It has great walkability. And, if you are going to run a business from the commercial storefront, the traffic count averages 2000-5000 daily. Once you step into this 50-year-old legendary business establishment, you'll notice this ready to operate storefront comes equipped with commercial refrigerators, freezers, Taylor water ice making machines and a restaurant grill. The proper amenities to catapult this existing business or a different take out business that you can imagine. Take out business is popular and ideal in this Covid-19 environment. Rents in the area for 1 bedroom units ranges $800-$900 per month. The spacious 1st and 2nd floor 1-bedroom units can be converted into 2-bedrooms units because of the size. Rents for 2 bedrooms average 1000-1100 per month. Each unit has separate meters, boilers, and hot water heaters. Also, separate entrances for enjoyable privacy when entertaining guests or enjoying your private oasis. As a result of lower interest rates, an owner occupied buyer can live for an estimated $2650 per month. (PITI - FHA loan with 3.5% down and an interest rate of 3%) Now do the math. 4 UNITS Live for free? Or, run a business with minimal cost and equipment included. Several development projects in the area suggest many commercial opportunities with minimal competition. Do your homework and ?take over? the neighborhood. No brainer. Prepare for an awesome 2021 year and get ahead of the curve. Schedule a showing today!

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    ©2020 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 Keller Williams Real Estate. 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: 2020-12-05T16:50:35.077.
    www.seeinsidethehouse.com/homes/111918273
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    6727 Lansdowne Avenue PHILADELPHIA, PA 19151

    • Price: $540,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: PAPH964154
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,754
    SQFT
    $196
    $/SQFT
    1935
    Built
    Neighborhood:
    19151 (19151)
    County:
    Philadelphia
    Area:
    19151 (19151)
    School District:
    The School District Of Philadelphia
    Property Description
    WONDERFUL INVESTMENT OPPORTUNITY for seasoned investor, business owner, or first time home buyer pursuing their dreams of building a business and wealth. The four(4) unit Quadruplex, or Quad, has a commercial storefront and three (3) 1-bedroom apartments located at the corner of the Overbrook section of West Philadelphia. It stands across from Morris ground and Overbrook Educational Center which brings daily foot traffic of exercise enthusiasts and dog walkers. The location is great! It is less than 1 (one) mile from the City Ave corridor, Montgomery County Main Line, Lankenau Medical Center, several high schools, middle schools, supermarkets, and Karakung Golf Course. 2 miles to St Joseph University. 1.2 miles to the 69th Street transportation center that travels to University City and Center City in minutes. Routes 76, 476, & I-95 not a problem. Finally, Septa bus routes 31 and 65 stops at the corner of the block. It has great walkability. And, if you are going to run a business from the commercial storefront, the traffic count averages 2000-5000 daily. Once you step into this 50-year-old legendary business establishment, you'll notice this ready to operate storefront comes equipped with commercial refrigerators, freezers, Taylor water ice making machines and a restaurant grill. The proper amenities to catapult this existing business or a different take out business that you can imagine. Take out business is popular and ideal in this Covid-19 environment. Rents in the area for 1 bedroom units ranges $800-$900 per month. The spacious 1st and 2nd floor 1-bedroom units can be converted into 2-bedrooms units because of the size. Rents for 2 bedrooms average 1000-1100 per month. Each unit has separate meters, boilers, and hot water heaters. Also, separate entrances for enjoyable privacy when entertaining guests or enjoying your private oasis. As a result of lower interest rates, an owner occupied buyer can live for an estimated $2650 per month. (PITI - FHA loan with 3.5% down and an interest rate of 3%) Now do the math. 4 UNITS Live for free? Or, run a business with minimal cost and equipment included. Several development projects in the area suggest many commercial opportunities with minimal competition. Do your homework and ?take over? the neighborhood. No brainer. Prepare for an awesome 2021 year and get ahead of the curve. Schedule a showing today!
    Exterior Features

    Architectural Style Victorian Construction Materials Stone Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2754 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Recipe And Business Name Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304398039496 Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1561.00 Tax Assessment Amount 111500.00 Tax Lot 54 Vacation Rental YN No Water Source None Zoning Rsa3

    Listing courtesy of Super Realty Group Delco, Llc..


    ©2020 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 Keller Williams Real Estate. 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: 2020-12-05T16:50:35.077.
     
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