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Description
Large 3-story CMX-1 corner property just west of Temples campus with ground floor commercial space and two 2-bedroom apartments upstairs. Tons of income potential in this blue-chip property located at a busy North Philly intersection. 1st floor commercial space is currently vacant with 2 separate entrances and access to the basement. Various tenants over the years have paid $1000+/month in rent. Vacant 2 bed, 1-bath apartments on the 2nd and 3rd floors are very large and LL received $800+/month in rent for each. They each have separate forced air HVAC systems with central air. These units are in decent shape and can quickly be rent-ready. Bones are solid but flooring, paint & trim work is needed. Quickly generate cash flow upstairs while you prepare the commercial space for your next tenant. Tons of exposure at a busy corner. Great long-term investment on a 17x80 lot. Tremendous opportunity for a savvy investor. Schedule your showing, will not last!
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th April, 2021 1:37 AM