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6024-28 Larchwood Ave, Philadelphia, PA 19143

$880,000

  • Sold
  • Closed
  • Commercial
6024-28 Larchwood Ave, Philadelphia, PA 19143 View this property at 6024-28 Larchwood Ave, Philadelphia, PA 19143
6024-28 Larchwood Ave Philadelphia PA 19143

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Property Description

Great Investment. Cash Cow each and every month. This is a 3 story 18 unit building.16 units occupied. It is really 21 units because the owner has a lifelong contract with 2 cell phone companies having towers on the building that brings in $1950 per month. There is 2-2 bedroom units $700 per unit. 3 smaller 1bedroomd units $600.00 per month and 13 larger 1 bedroom units $650. Tenants pays Cooking gas and Electric. Owner pays heat (oil, $10,000.00 per season). Other utilities he pays are hot water $125.00 per month and water bill $500.00 per month, $150.00 per month and common electric $88.00 per month trash removal After expenses this building still produces a profit. Add a new 400 amp electric service has been recently installed. This
is plenty of electricity if someone wanted to separate heat and have each tenant pay their own heat. Property is located in the Cobbs Creek area. Just a few block from 60th EL stop. Easy transportation to 69th st and suburbs or center city. Long staying tenants.

Full Property Details for 6024-28 Larchwood Ave

  • Sold For: $880,000
  • Taxes: $7,958 (2015)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 6539000
  • Added: 886 day(s) ago

Property History

  • 6024-28 Larchwood Ave, Philadelphia, PA
  • Sold at $880,000 on 6/29/15

Interior

  • Flooring: 3.0

Location

  • Area: 19143
  • County: PHILADELPHIA

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available

Structural Information

  • Roof: Flat Roof
  • Square Feet: 13,512
  • Current Bldg. Use: CA0
  • Year Built: 1945

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 60 x 112
  • Zoning: RM1

Financial Considerations

  • Tax Amount: $7,958
  • Tax Year: 2015

Listed by Keller Williams Real Estate Tri-County
Sold by Non Member Office

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6024-28 Larchwood Ave, Philadelphia, PA 19143 (MLS# 6539000) is a Commercial property that was sold at $880,000 on June 29, 2015. Want to learn more about 6024-28 Larchwood Ave? Do you have questions about finding other Commercial real estate for sale in Cobbs Creek? You can browse all Cobbs Creek real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams Real Estate Tri-County
Sold by Non Member Office

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