1,120 Sqft Lot
1,120 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID PAPH2440954
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,177
Tax Year 2024
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 73.00
Property Description
All units are occupied bringing in $3K each month and at this price a CAP RATE of approx 15%
The area is changing for the good and new construction is starting to pop up in the immediate area and soon most of the Av will be fully developed.
1st floor office/commercial space $1250 w/ 3 year lease
2nd Floor 2bed 1 bath $975 month to month
3rd Floor $815 on month to month
We require 48 hour notice for all showings.
Could also be sold as part of a package with the two properties below which are also on the MLS.
3074 Kensington Av has 2 units both occupied $199,700
3532 Kensington Av has 4 units all occupied $275K
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 331427105
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, PHFA, USDA, VA
Listing Terms Cash, Conventional, FHA, PHFA, USDA, VA
Financing Cash,Conventional,FHA,PHFA,USDA,VA
Special Listing Condition Standard
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