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Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 19,595 sqft
Price per Sqft $112
Subdivision Rhawnhurst
MLS Listing ID PAPH801216
Sold Date 07/31/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1964
Annual Tax Amount $23,279
Tax Year 2020
Lot Size 0.494 Acres
Acres 0.49
Property Description
Rare Investment Opportunity!25 Total units. Built As Apartment building with commercial storefronts. Property consists of (18) 2 BR units, (2) 1 BR units and 5 Offices/storefronts. All utilities are separate (Heat, H/W and electric) except water which is paid by owner. Units 2201 through 2209 Lansing St have 2 car garages facing Glendale Ave, 2211 through 2219 use off street parking lot. 2210,2212,2214,2216 and 2218 Glendale Ave are commercial storefronts/offices. Located near intersection of Bustleton and Glendale Aves behind the CVS. Property has been well maintained by original owners and rental rates are modest with room for improvement over time.Great Rhawnhurst location near shopping and transportation. Contact listing agent for Income & Expenses.
Location
State PA
County Philadelphia
Area 19152 (19152)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s), Wall Unit
Flooring Carpet, Hardwood, Ceramic Tile
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 10
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881172501
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Hongyan Li • Homelink Realty
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