Philadelphia, PA 19128,3862-64 TERRACE ST
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Philadelphia, PA 19128,3862-64 TERRACE ST
Philadelphia, PA 19128,3862-64 TERRACE ST
Philadelphia, PA 19128,3862-64 TERRACE ST
Philadelphia, PA 19128,3862-64 TERRACE ST

$620,000

Est. payment /mo

$630,000

1.6%
Est.Price: ?

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3862-64 TERRACE ST Philadelphia, PA 19128

4,989 SqFt

SOLD DATE : 12/05/2023

Key Details

Sold Price $620,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,989 sqft

Price per Sqft $124

MLS Listing ID PAPH2282980

Year Built 1940

Annual Tax Amount $4,930

Tax Year 2023

Lot Size 3,500 Sqft

Property Description

A commercial space that is rented out with a single 2 bedroom unit that is also leased. A fully occupied building that will provide cash flow and a strong cap rate. The commercial space is deceiving large, and the second floor unit has 2 levels. In the commercial space there is a generous sized walk-in fridge, as well as an extremely large kitchen in the back. There is also an office nestled between the front and kitchen space. The space also offers two restrooms. What a great opportunity to invest, or live in the top floor unit and have a business run out of the commercial space!

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX-1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Erin Bishop • Compass RE
Bought with Paige Chin • Keller Williams Realty Wilmington

Jason Gareau

Broker

+1(609) 929-4486

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