$4,900,000
$5,500,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
22,536 SqFt
SOLD DATE : 03/25/2019
Key Details
Sold Price $4,900,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 22,536 sqft
Price per Sqft $217
Subdivision Temple University
MLS Listing ID 1009688390
Sold Date 03/25/19
HOA Y/N N
Originating Board TREND
Year Built 2012
Annual Tax Amount $1,427
Tax Year 2018
Lot Size 1,566 Sqft
Acres 0.04
Lot Dimensions 17X93
Property Description
21-Unit Multi Family Buildings Near Temple For Sale as Package Deal! Package is made up of 8 contiguous buildings with off-street parking located on Cecil B. Moore... blocks from campus. It's a turnkey investment with all units rented out through August 2019 -- Gross Annual Rents of 456,300. Tax abatements still in place. Opportunity to build your portfolio and generate passive income. This mix of Duplexes and a Triplexes is great for a savvy investor. Unit mix consists of: (a) 9 two bedroom/ two bath units; (b) 7 four bedroom/ four bath units, (c) 4 five bedroom/ five bath units; and (d) an office space. Additional income generated from lease with Enterprise for parking spot. Please note that price reflects a package deal including 8 buildings in total located at 1801 Cecil B. Moore Buildings A-H.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Utilities Available Water Available, Sewer Available, Electric Available
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471152711
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Dina Patton • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "