$335,000
( )
 $1,798 est/mo Sourced by Back At You

1421 W Erie Ave , Philadelphia, PA 19140

Philadelphia, PA 19140

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Description

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.

Details

MLS#PAPH2374280
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site120
Listing Provided ByKW Empower | Richard K Cassell

Features

ZoningCMX2.5
Acreage0.04

Market Activity 19140

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Listings Checked: 3 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19140
Area19140
Community NameAllegheny West
School DistrictThe School District Of Philadelp
Listing VS Median (in Allegheny West)
Price:
$335,000
low | high
Med:
$89,900
100% of Average
On Site:
120
low | high
Med:
982.000000
12.219959266802% of Average
Sourced by Back At You
Listing Updated: September 24, 2024 at 8:11:08 PM PDT