MLS® ID: PAPH825340
6401 RISING SUN AVENUE
PHILADELPHIA, Pennsylvania, 19111 $440,000
Great Investment Opportunity. Mixed Use building with many upgrades at a prime retail location in Philadelphia. Corner property with new front stucco and 3 great long term tenants. Property is in great shape with a large commercial store front on the 1st floor and 2 apartments on the 2nd floor. One apartment is a 3 bdrm 2 full bath apartment and the other apartment is a 2 bdrm 1 bath apartment with a deck. Electric has been upgraded and 1st floor commercial space has been upgraded. Building offers great visability and has roof billboard. There is an annual tax credit from TMobile for roof access for the cell tower. Building has a great rental history and is in very good condition. Rents ar $44700 and Total Expenses are $17800. Net income is $26900. Expenses are $7000 taxes, $2000 insurance, $6000 gas bills and $2800 water.