INVESTOR ALERT!!! Nice 2 story Duplex/Mixed Use building for sale near the 52nd St Shopping Corridor. Legally Zoned CMX2 Building on busy Market Street. It is just 2 blocks from the bustling 52nd & Market Street Shopping Corridor with heavy foot traffic passing by at all times of the day. It is super convenient to transportation(52nd St Market-Frankford Train) and there is plenty of parking in front of and around the building. Currently: First floor is leased to a Hair Salon that pays $750 monthly rent promptly. See pictures of salon and prior while vacant for a better view of full space. 2nd floor is a 2 BR apartment leased for $700. Currently generates $1,450 in rents per month. All electric utilities. Separately metered electric
service. Tenants pay their own electric. Landlord pays only water, taxes and insurance. This is a solid investment property in an upward trending, gentrifying neighborhood. For the right buyer this could be a great way to live rent free and have 1st floor store tenant rent pay your mortgage. The possibilities are endless. First floor is Wheel Chair accessible. Property is being offered AS-IS and is priced to sell. Cash Buyers only. ALL reasonable offers will be considered. Also for sale is the building right next door, 5409 Market St. MLS # 6756547. Same CMX2 zoning and currently fully leased generating POSITIVE CASH FLOW. Check it out as well, Available individually or as a package deal. Come by, take a look, make an offer to add this one or both buildings to your rental portfolio.
Full Property Details
Full Property Detailsfor 5407 Market Street
Taxes: $938 (2018)
MLS ID: 1000427079
Added: 618 day(s) ago
Includes: Land Only
Master Bedroom: Unspecified
Exterior Features: Sidewalks, Street Lights
Parking Features: Street
Parking Type: On Street, None
Area: 19139 (19139)
Development Name: West Philadelphia
Subdivision: West Philadelphia
Cross Streets: 54Th St
Direction Faces: South
School District: The School District Of Philadelphia
5407 Market Street, Philadelphia, PA 19139 (MLS# 1000427079) is a
Duplex property with 0 bedrooms and 0 full bathrooms.
5407 Market Street is currently listed for $65,000 and was received on October 10, 2016.
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