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MLS® ID: PAPH824126

1830 SOUTH STREET

PHILADELPHIA, Pennsylvania, 19146

$990,000 Active
  • - SQFT
Here is a an awesome piece to add to your real estate portfolio. Right on South Street!Great mix use commercial building with 3 residential units and a commercial storefront. Fully occupied and updated property with separated utilities and systems. Common laundry area for the residential units. 4 units.1st Floor - commercial - nail salon - $1850 + 1/3 of the taxes and all of water 5 years left on lease2nd floor - 2f - 2 bedrooms unit - $1400, 2r - 1 bedroom unit- $8003 Floor - 2 bedrooms - $1400All separated utilities with central air and heat.Owners costs: 2/3 taxes on $8619 - $57461/3 common hall electric - $35 per month ($420 per year)Fire monitoring - $200 per yearInsurance: roughly $5000 per yearTotal yearly income: 65,400Total yearly costs: $11,366Net: $54,034Cap rate: .0545Gross rent multiplier: 15.13
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Listing courtesy of Keller Williams Philly

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19146
  • Office name
    Keller Williams Philly
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    CMX2
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1915
  • Lot size
    0.03
  • Sewer
    Public Sewer
  • Heating
    Central
  • Agent name
    Michael R McCann
  • Purchase Type
    Active
  • Price Range
    $900k-$1m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    55962
  • Agent ID
    3118193

Location

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