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205-211 S 52nd St, Philadelphia, PA 19139

$899,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Total Beds
  • Updated 1 day ago
205-211 S 52nd St, Philadelphia, PA 19139 View this property at 205-211 S 52nd St, Philadelphia, PA 19139
205-211 S 52nd St Philadelphia PA 19139

Property Description

Attention Savvy investors, these commercial properties offer an Amazing rate of return, with over $97,000.00 per year in gross income and very little expenses. Almost all of the commercial leases are triple net, and the tenants are all long term. 52nd Street is the largest commercial corridor in West Philadelphia, and is always bustling!! This package consists of four contiguous store fronts and three apartments, all currently rented, There is value add room in the package, several of the upper floors are vacant, and could easily be converted to apartments. In addition, the owners have been very lenient with rental increases, which a new investor could take advantage of. Seller pays approximately $8,000.00 in expenses per year, all other
are absorbed by the tenants. All leases are attached, feel free to call or email with any questions. All showings will be set with the property manger, who will be happy to show you the entire package. These properties can also be sold with the duplex listing at 5703 Baltimore Avenue, which is owned by the same sellers.

Full Property Details for 205-211 S 52nd St

  • Price: $899,000
  • Taxes: $1,559 (2017)
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 7082418
  • Updated: 12/15/2017
  • Added: 36 day(s) ago

Property History

  • 205-211 S 52nd St, Philadelphia, PA
  • Listed at $899,000 on 11/10/17

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: No Laundry

Parking

  • Parking: Street

Location

  • Area: 19139 (19139)
  • County: PHILADELPHIA
  • Subdivision: Phila (West)
  • Cross Streets: WALNUT

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Basement Desc.: Yes , Full
  • Stories Description: Store and Residence, Other
  • Square Feet: 4,233
  • Sq. Ft. Source: Listor
  • Year Built: 1925

Unit Information

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 2

Unit 5

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,061
  • Lot Dimensions: 45 x 70
  • Zoning: CMX4

Financial Considerations

  • Tax Amount: $1,559
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple

Listed by BHHS Fox & Roach-Center City Walnut

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Estimate the Cost

205-211 S 52nd St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

205-211 S 52nd St, Philadelphia, PA 19139 (MLS# 7082418) is a Multi-Family property with 7 units containing 4 bedrooms and 2 full bathrooms. 205-211 S 52nd St is currently listed for $899,000 and was received on November 10, 2017. Want to learn more about 205-211 S 52nd St? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

Listed by BHHS Fox & Roach-Center City Walnut

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