$240,000
$295,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
701 W ERIE AVE Philadelphia, PA 19140
3,104 SqFt
Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,104 sqft
Price per Sqft $77
Subdivision Franklinville
MLS Listing ID PAPH997928
Year Built 1942
Annual Tax Amount $1,977
Tax Year 2021
Lot Size 1,372 Sqft
Property Description
This is a 5 unit building, 4 Residential and 1 Commercial space, currently being used as a Doctor's Office. there are 2 Efficiency Apartments and 2 One Bedroom Apartments. Residential units are rented out at $450 for Efficiencies and $550 for One Bedroom each, the rental on the office was $2000. Total Gross Income was $4000 per month. The exterior of the building is in good shape and the interior is maintained. This is and can be a Cash Cow.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Exterior
Utilities Available Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Water Access N
Roof Type Flat
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Qi Zhao • RE/MAX @ HOME