$229,000 $1,229 est/mo Sourced by Back At You

2851 N 5th St,Philadelphia, PA 19133

Philadelphia PA, 19133

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Description

11 CAP INVESTMENT FOR YOU! Incredible investment opportunity awaits you on the shopping corridor of 5th street in the "Golden Mile" or "Bloque de Oro" location. This Mixed Use property runs street to street and includes a rear lot at 2854 N Orkney St. This lot is currently fenc-ed in to allow for secure 2 car parking and loading/unloading of merchandise through the rear entrance. The property offers a retail space on the 1st floor and a spacious 4 bedroom 1 bath apartment on the 2nd and 3rd floor with separate entrances and separate utilities. Both units are currently occupied by the same tenant under a 6-year remaining triple net lease, collectively earning $2,320 per month with a 3% annual increase.

Details

MLS#PAPH2336812
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site103
Listing Provided ByKeller Williams Real Estate-Blue Bell | Sharyn Soliman
Buying Commision2.5% Of Gross

Features

ZoningCMX25
Acreage0.02

Market Activity 19133

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Listings Checked: 19 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19133
Area19133
School DistrictPhiladelphia City
Listing VS Median (in 19133)
Price:
$229,000
low | high
Med:
$68,000
100% of Average
On Site:
103
low | high
Med:
295.000000
34.915254237288% of Average
Sourced by Back At You
Listing Updated: July 18, 2024 at 4:48:32 PM PDT