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607-9 S 42ND Street

PHILADELPHIA, PA 19104
  • $1,995,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: PAPH2201336
UPDATED: 14 min ago
$1,995,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Rare offering of an 11-unit multifamily investment property just blocks away from Penn & St Joe. Fully leased with an annual rent roll of $162,960 with additional upside through minor cosmetic upgrade.Due to COVID-19 and this building being fully occupied, there is LIMITED SHOWINGS extended only to qualified buyers.Unit 1 - $1,295 / MonthUnit 2 - $1,150 / MonthUnit 3 - $1,095 / MonthUnit 4 - $1,150 / MonthUnit 5 - $1,150 / MonthUnit 6 - $1,000 / MonthUnit 7 - $2,200 / MonthUnit 8 - $1,045 / MonthUnit 9 - $1,150 / MonthUnit 10 - $1,150 / MonthUnit 11 - $1,195 / Month

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©2023 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: 2023-03-20T17:52:06.157.
www.locomusings.com/homes/136767649
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607-9 S 42ND Street PHILADELPHIA, PA 19104

  • Price: $1,995,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 14 min ago
  • ID#: PAPH2201336
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1900
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Rare offering of an 11-unit multifamily investment property just blocks away from Penn & St Joe. Fully leased with an annual rent roll of $162,960 with additional upside through minor cosmetic upgrade.Due to COVID-19 and this building being fully occupied, there is LIMITED SHOWINGS extended only to qualified buyers.Unit 1 - $1,295 / MonthUnit 2 - $1,150 / MonthUnit 3 - $1,095 / MonthUnit 4 - $1,150 / MonthUnit 5 - $1,150 / MonthUnit 6 - $1,000 / MonthUnit 7 - $2,200 / MonthUnit 8 - $1,045 / MonthUnit 9 - $1,150 / MonthUnit 10 - $1,150 / MonthUnit 11 - $1,195 / Month
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8079.00 Cooling None Heating 90% Forced Air Heating YN Yes Net Square Feet 8000.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water 60+ Gallon Tank Municipality Philadelphia Navigable Water YN N Net Operating Income 132430.00 New Construction YN No Number Of Units Total 11 Original MLSNumber 802143814508 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 26664.00 Tax Assessment Amount 1904900.00 Tax Lot 80 Total Actual Rent 162960.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Tesla Realty Group, Llc: .


©2023 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: 2023-03-20T17:52:06.157.
 
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540 Fort Evans Road Suite 303
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