$370,000
$374,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
6514 RISING SUN AVE Philadelphia, PA 19111
3,066 SqFt
Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,066 sqft
Price per Sqft $120
Subdivision Lawndale
MLS Listing ID PAPH936744
Year Built 1950
Annual Tax Amount $3,567
Tax Year 2020
Lot Size 2,519 Sqft
Property Description
Unbelievable cash flow! Corner detached brick building with first floor medical office, 1 bedroom apartment, 2 bedroom apartment and attached 1 car garage. A frame, shingles roof. Separate gas heat and utilities, central air for first floor office only. Dentist office lease expires January 2026. Doctor also pays for 2/3 of real estate taxes and water and sewer. 2nd floor pays a below market rate rent, both tenants have been there 27 years. 2nd floor has storage attic. 1st floor apartment needs renovations. Projected rent would be over $50,000 a year .All real estate transfer taxes to be paid by buyer. Property is being sold in "as Is" condition needing updating t/o. No property inspection will be accepted. Leases are in Bright MLS. Call for any additional information. All buyers MUST wear masks during all showings. Please do not enter dentist office without a confirmed appointment with a showing agent. All showings must be between 1-2 PM Mondays, Tuesdays, Thursdays and Fridays only no exceptions.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Exterior
Water Access N
Roof Type Asphalt,Shingle
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 Jin Han Dong • HK99 Realty LLC