Philadelphia, PA 19111,7124 RISING SUN AVE
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Philadelphia, PA 19111,7124 RISING SUN AVE
Philadelphia, PA 19111,7124 RISING SUN AVE
Philadelphia, PA 19111,7124 RISING SUN AVE
Philadelphia, PA 19111,7124 RISING SUN AVE

$335,000

Est. payment /mo

$375,000

10.7%
Est.Price: ?

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7124 RISING SUN AVE Philadelphia, PA 19111

2,800 SqFt

SOLD DATE : 07/26/2018

Key Details

Sold Price $335,000

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $119

Subdivision Burholme

MLS Listing ID 1000489370

Style Other

Year Built 1952

Annual Tax Amount $3,052

Tax Year 2018

Lot Size 2,875 Sqft

Property Description

PRIME LOCATION !!! Calling investors or business owners ! Quick jump on this rare Burholme multi-purpose building which includes 3 units total right on the main commercial strip of Rising Sun Ave. Property is in great condition. Entire building has been renovated just waiting for you to move your business into and opportunity for 2 tenants above producing excellent income. Building is currently vacant since it was just completely renovated. 4,200 sq ft total including store front (2,800 of commercial office space + 2 apartments which are 700 sq ft each). Ground level store front which was the old East Coast Event Group, which has since moved its headquarters. Store front can be used for your business or generate approx $2,000/month in rent. Store contains 2 half bathrooms. One on main level and one in basement. Commercial space can be perfect for an type of professional of office such as a real estate office, event planning, insurance or financial services office. Above store are two residential apartments. 1st floor residential unit is a 1 bed 1 bath (w/ new flooring, freshly painted, new kitchen, new bathroom) - currently vacant which can generate approx $750/month in rent. 2nd floor residential unit is also a 1 bed 1 bath (w/ new flooring, freshly painted, new kitchen, new bathroom) which can generate approx $750/month. Total monthly gross income potential of appox $3,500 ($42,000/annually). New Roof - 2017. Heater and Central Air serviced annually. Don't miss out on this rare business opportunity !!

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning CMX1

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Gas, Hot Water, Forced Air

Cooling Central A/C

Flooring Fully Carpeted, Tile/Brick, Laminated

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

Roof Type Flat

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Bright MLS (BMLS)
Listed by Michael Bottaro • Homestarr Realty
Bought with Lounas Frai • Keller Williams Real Estate Tri-County

Jason Gareau

Broker

+1(609) 929-4486

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