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Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.
Property Type(s):
Commercial
| Last Updated | 7/9/2024 | Tract | ALLEGHENY WEST |
|---|---|---|---|
| Year Built | 1930 | Community | 19140 (19140) |
| County | PHILADELPHIA |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19140 (19140) |
| HEAT | Central, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 20.00 x 95.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 4 |
| SUBDIVISION | ALLEGHENY WEST |
| TAXES | 6826 |
| WATER | Public |
| ZONING | 7 units by right and currently set up that way. 3 ground level commercial 4 upper residential |
Location
Listing provided by KW Empower
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Data last updated: 1/9/25 11:22 PM PST
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