MLS® ID: PAPH786744
256 S 11TH STREET
PHILADELPHIA, Pennsylvania, 19107 $950,000
Incredible opportunity to purchase a blue chip investment multi-unit property in the heart of Jefferson Hospital Campus and Washington Square West! This mixed use property is zoned CMX1 and offers tremendous upside and value add through cosmetic updating and increasing the drastically low rents. The first floor is a commercial unit that was recently vacated and is waiting for you to update and bring in a fantastic new commercial tenant. The 2nd floor is a 1 bed/1 bath with hardwood flooring, all electric appliances, including washer/dryer in-unit. Unit 2 is rented at only $1250/mo with the current tenant leaving at the end of May. Unit 3 is a bi-level 1 bed/1.5 bath apartment with hardwood flooring, all electric appliances including washer and dryer. It is currently rented at only $1,050/mo and is on a month-to-month basis. This property is in the middle of it all! Don't miss out on the opportunity to update this property and increase both rents and value! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.