$1,999,000

1914-18 E Passyunk Ave

PHILADELPHIA PA, 19148

Description

THREE BUILDINGS FOR SALE ON EAST PASSYUNK AVENUE! PACKAGE DEAL OR OWNER WOULD SELL 1914 SEPARATE FROM 1916-18! Triple Net Leases! Separate Utilities! 6 UNITS - 2 COMMERCIAL AND 4 APARTMENTS. 1914, 1916, and 1918 is a prime package opportunity on one of the most bustling commercial corridors in Philadelphia. 1916-18 is a combined double property with a large double commercial store front and two large double sized 2 bedroom apartments. 1914 has a first floor commercial store and 2 one bedroom apartments above. Commercial tenants are triple net leases with renewal options and also with rent increases built in. The four apartments also share in the expenses - they pay their part of the water/sewer bill and trash. In 1914, owner pays the heat but tenants still pay their own gas and electric. In 1916-18, tenants pay their own gas and electric.

Details

MLS#PAPH982548
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1915
Days On Site86

Features

SQ Feet6,409
Units6
ZoningCMX25 AND CMX2
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19148
Area19148 (19148)
Listing VS Median (in 19148)
Price:
$1,999,000
low | high
Med:
$266,950
100% of Average
SqFt:
6,409
low | high
Med:
1,310
100% of Average
$ / SqFt:
$312
low | high
Med:
$205
84.36452426079% of Average
On Site:
86
low | high
Med:
223.5
38.478747203579% of Average
Sourced by Back At You
Listing Updated: April 22, 2021 2:18:46 AM PDT
Michael A Giangiordano II LogoMLS Number: PAPH982548
Listing Provided By:
Michael A Giangiordano II  of  Century 21 Forrester Real Estate
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