$120,000
$129,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2,284 Sqft Lot
SOLD DATE : 09/15/2016
Key Details
Sold Price $120,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Tacony
MLS Listing ID 1002594324
Sold Date 09/15/16
HOA Y/N N
Originating Board TREND
Year Built 1900
Annual Tax Amount $2,052
Tax Year 2016
Lot Size 2,284 Sqft
Acres 0.05
Lot Dimensions 23X98
Property Description
Price reduced on this nice investment opportunity along Longshore Avenue in historic Tacony! Located within the Disston Estate area, the property features three (3) residential apartments plus a first floor commercial unit. The second floor is demised into a one-bedroom unit which commands 700 dollars per month and an efficiency unit rented at 550 dollars per month. The first floor is demised into a front commercial unit of approximately 600 square feet which is rented to a gymnastics school at 600 dollars per month, and a rear one-bedroom unit rented at 600 dollars per month. The residential tenants pay separately metered electricity and cooking gas/hot water charges, while the rent for the commercial unit includes electricity. There is a newer hard-wired fire alarm system. The exterior features red brick and stucco adorned with a decorative pressed metal cornice across the front roof line. A shared side walkway provides access to the apartments and a small rear yard. The property is legally zoned for four (4) units and features vinyl replacement windows throughout. It is located a few blocks east of the Torresdale Avenue commercial corridor which is undergoing a series of revitalization measures at the present time. Check out "historictaconyrevitalization-dot-com"...Disston Park and the new 5 million dollar Engine 38 firehouse are situated just a few blocks from the property.
Location
State PA
County Philadelphia
Area 19135 (19135)
Zoning CMX2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Flooring Tile/Brick, Wood, Carpet
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 412029500
Ownership Other
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Bought with Akintayo A Akinwunmi • Dan Real Estate, Inc.