Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.
MLS# | PAPH2374280 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1930 |
Days On Site | 120 |
Listing Provided By | KW Empower | Richard K Cassell |
Zoning | CMX2.5 |
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Acreage | 0.04 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19140 |
Area | 19140 |
Community Name | Allegheny West |
School District | The School District Of Philadelp |
Listing VS Median (in Allegheny West) | |
Price: $335,000 low | high Med: $89,900 On Site: 120 low | high Med: 982.000000 |