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Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied
Property Type(s):
Commercial
| Last Updated | 4/26/2025 | Year Built | 1930 |
|---|---|---|---|
| Community | 19126 (19126) | County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Details
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | 19126 (19126) |
| HEAT | Electric, Forced Air |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 41.00 x 43.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 3694 |
| WATER | Public |
Location
Listing provided by Addison Wolfe Real Estate
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Data last updated: 4/26/25 7:05 PM PDT
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