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4833 Griscom Street

PHILADELPHIA, PA 19124
  • $310,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: PAPH2028302
UPDATED: 36 min ago
$310,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

PRICE REDUCTION! Here+GGs your chance to buy a 9 unit building for under 37k a unit, this property is great for investor looking to add income to their portfolio. This building has over 3,500 Bldg SqFt. The 1st-floor has 3 units (Studios). The 2nd floor offers 3 (Studios) and a unit that features just the room and the bathroom. The 3rd floor offers 1 (Studio) and a 1-bedroom apartment. All tenants are current on rent and have intentions to stay. Current Gross Income is $5,510/month, for a 12.44% Cap Rate (See Proforma attached).

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T16:53:55.433.
www.locomusings.com/homes/121199821
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4833 Griscom Street PHILADELPHIA, PA 19124

  • Price: $310,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 36 min ago
  • ID#: PAPH2028302
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1920
Built
Neighborhood:
19124 (19124)
County:
Philadelphia
Area:
19124 (19124)
School District:
The School District Of Philadelphia
Property Description
PRICE REDUCTION! Here+GGs your chance to buy a 9 unit building for under 37k a unit, this property is great for investor looking to add income to their portfolio. This building has over 3,500 Bldg SqFt. The 1st-floor has 3 units (Studios). The 2nd floor offers 3 (Studios) and a unit that features just the room and the bathroom. The 3rd floor offers 1 (Studio) and a 1-bedroom apartment. All tenants are current on rent and have intentions to stay. Current Gross Income is $5,510/month, for a 12.44% Cap Rate (See Proforma attached).
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3599.00 Cooling None Exclusions Tenants Belongings Heating RadiantHot Water Heating YN Yes Net Square Feet 3599.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 25070.00 Assessment Year 2021 Business Type Apartment Building Central Air YN No Cooling Fuel None Gross Income 66120.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 41049.00 New Construction YN No Number Of Units Total 10 Operating Expense Includes ElectricInsuranceHeating/CoolingManagement FeesRepair/MaintenanceSewerWater Original MLSNumber 801024500308 Owner Pays ElectricityGasHeatHeater Maintenance ContractInsuranceManagementRepairs Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 1974.00 Tax Assessment Amount 141000.00 Tax Lot 219 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Rehobot Real Estate, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T16:53:55.433.
 
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