3,600 Sqft Lot
3,600 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID PAPH2625674
Year Built 1950
Annual Tax Amount $1,482
Tax Year 2023
Lot Size 3,600 Sqft
Acres 0.08
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
3210 Building- has 1 Large Storefront Commercial +2 residential units.
3212 Building - has 1 Smaller Storefront Commercial +3 residential units.
Building permits to turn the listing from 7 to 8 units are in the process of getting approved. ( 2 commercial/store front and 6 residential units)
Bonus ( large basement and back yard/fenced and cleaned out) which is highly requested and will benefit to both commercial units.
Buildings are empty ( no tenants).
Owner spent a good chunk of $$$ clearing both buildings from Zoning, City violations, moving tenants out and approving in the city the future building permit, plumbing, electrical, fire alarm and mechanical permits.All ready to go.
Buildings are a Blank canvas, Investor's ready.
Good potential for high-income producing investment . Your future cash flow.
Situated in the rapid growing Frankfort corridor, surrounded by newly build condos ( across the street) and minutes from the train, public transportation, I-95 and Fishtown area.
Ideal for Small Businesses as well. Store-front commercial units open in the main street. In the visible cross-section of Frankford & Allegheny.
The Frankfort corridor has changed tremendously in the last couple of years and continues to be under major developments as we speak.
Simple math (investment / profit) this building has a high potential of a MINIMUM- 10% ROI
Now is the right time to invest !!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Flooring Tile/Brick
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871601625
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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