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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
Water Access N
Accessibility 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
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Bought with Dina Patton • Coldwell Banker Realty
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