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MLS® ID: PAPH821932

1639 S 21ST STREET

PHILADELPHIA, Pennsylvania, 19145

$489,900 Active
  • 2826 SQFT
CORNER, FIVE (5) Unit, mixed use building in HOT POINT BREEZE! CMX1 ZONING. 18.25 feet X 67.5 feet. Windows on both sides and an angled glass front door. VICTORIAN DETAILS, featuring a brick fascia and brackets on the Cornice. Classic Old-World Craftsmanship. FIRST FLOOR has a large, open area with big windows on both sides letting the public know this is a commercial space and we mean business. The FOUR APARTMENTS comprise one, 2-bedroom apartment, one 1-bedroom apartment with a ROOF DECK, and two studios. Run a business, live on the second floor and enjoy three income flows to help support a mortgage. Commercial space is rented at $1200 per month and the tenant will either stay or vacate, your choice. The 2 bedroom brings in $900 per month. The 1 bedroom brings in $750 per month. The studios, each bring $700 per month. Gross income is approximately $51,000 per year and expenses are approximately $9549 per year. This income producer is in move in condition. It could also be terrific for your rental portfolio. Point Breeze develops and continues to bring a plethora of new people who call this home, and all these people need services such as specialty shops and businesses. Very RARE to find a five unit in this condition with rental income coming in. Here's your chance to open shop and live upstairs or rent upstairs and have an additional income. Opportunity in the waiting!
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Listing courtesy of Keller Williams Philly

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19145
  • Office name
    Keller Williams Philly
  • SQFT
    2826
  • Bedrooms
    0
  • Property type
    Multi-Family
  • Zoning type
    CMX1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1920
  • Lot size
    0.03
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Nathan S Naness
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    2500-3000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    55962
  • Agent ID
    3123164

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