$1,799,000
( $287.47Per Sq Foot )
 $9,657 est/mo Sourced by Back At You

638 South St , Philadelphia, PA 19147

Philadelphia, PA 19147

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Description

Welcome to 638 South Street! Located on one of Philadelphia’s most popular and well known streets, you don’t want to miss out on this investment opportunity. This building includes a retail store front and 4 residential, two bedroom apartments. This amazing cash producing investment opportunity is fully occupied currently producing a 6.77% cap rate! The retail space includes a half bathroom and a basement for storage. Two of the apartments face South Street, and the other two apartments face Kater Street. The apartments are located on the second and third floors of the building and all have separate entrances. The residential apartments include recessed living room lighting, beautiful hardwood floors in the living/kitchen area, stainless steel kitchen appliances, great natural light, and ceiling fans in the bedrooms. The units each have central air/heat controlled with a Nest thermostat, an in-unit washer/dryer set, dishwasher, and separate utilities. Residents will find themselves experiencing all that South Street has to offer. Only a short walk or distance away from some of the most popular attractions in the area including, markets, parks, museums, cafes & restaurants, shops, nightlife, and more! Visit Penn’s Landing and its many piers or the Liberty Bell in Philadelphia which are both nearby. There is plenty of public transportation nearby, including buses, trains, and subways, which take you anywhere you’d like to go in Philadelphia and the surrounding area. Don’t miss out on this great investment opportunity!!

Details

MLS#PAPH2377128
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site116
Listing Provided ByBecker Capital, LLC | Cordell Kevin Becker

Features

SQ Feet6,258
ZoningCMX2.5
Acreage0.05

Market Activity 19147

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Listings Checked: 2 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19147
Area19147
School DistrictThe School District Of Philadelp
Listing VS Median (in 19147)
Price:
$1,799,000
low | high
Med:
$394,950
100% of Average
SqFt:
6,258
low | high
Med:
1,094
100% of Average
$ / SqFt:
$287
low | high
Med:
$366
22.784924159984% of Average
On Site:
116
low | high
Med:
102.000000
100% of Average
Sourced by Back At You
Listing Updated: October 11, 2024 at 6:13:57 PM PDT