2,100 Sqft Lot
2,100 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2637228
Year Built 1920
Annual Tax Amount $7,133
Tax Year 2024
Lot Size 2,100 Sqft
Acres 0.05
Lot Dimensions 50.00 x 42.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Key Investment Highlights:
✔ Strong 8.1% Cap Rate – High-yield, income-producing asset
✔ Tax Abatement – 1 Year Remaining
✔ 100% Occupancy with Cash Flow – Long-term residential & commercial tenants
✔ Turnkey Condition – Low-maintenance, modern construction
✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
✔ Fire & Safety Compliance – Fire alarm monitoring & annual system maintenance
✔ Transferrable Roof Warranty – Added long-term value
This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset
The property generates an annual rent of $84,000 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning ICMX
Interior
Hot Water Instant Hot Water, Tankless, Electric
Heating Central
Cooling Central A/C
Flooring Ceramic Tile, Laminate Plank
Inclusions transferrable roof warranty, fire alarm monitoring
Heat Source Electric
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Flat,Rubber
Accessibility Doors - Swing In
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871586000
Ownership Fee Simple
Security Features Exterior Cameras,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor,Window Grills
Acceptable Financing Cash, Conventional, Negotiable, Private, Other
Listing Terms Cash, Conventional, Negotiable, Private, Other
Financing Cash,Conventional,Negotiable,Private,Other
Special Listing Condition Standard
Learn More About LPT Realty
Realtor | License ID: 658929