1914-18 E Passyunk Ave
PHILADELPHIA, PA 19148

Description

THREE BUILDINGS FOR SALE ON EAST PASSYUNK AVENUE! PACKAGE DEAL OR OWNER WOULD SELL 1914 SEPARATE FROM 1916-18! 1914, 1916, and 1918 is a prime package opportunity on one of the most bustling commercial corridors in Philadelphia. 1916-18 is a combined double property with a large double commercial store front and two large double sized 2 bedroom apartments. 1914 has a first floor commercial store and 2 one bedroom apartments above. Commercial tenants are triple net leases with renewal options and also with rent increases built in. The four apartments also share in the expenses - they pay their part of the water/sewer bill and trash. In 1914, owner pays the heat but tenants still pay their own gas and electric. In 1916-18, tenants pay their own gas and electric. Rare opportunity! Act now!

Details

MLS#PAPH802290
Sub-TypeResale
StatusActive
Year1915
Days On Site24

Features

SQ Feet6,409
Units4

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19148
Area19148 (19148)
Listing VS Median (in 19148)
Price:
$2,300,000
low | high
Med:
$265,000
100% of Average
SqFt:
6,409
low | high
Med:
1,476
100% of Average
$ / SqFt:
$359
low | high
Med:
$180
99.970985035937% of Average
On Site:
24
low | high
Med:
28
85.714285714286% of Average
Listing Updated: 06/25/2019
MLS Number: PAPH802290
Listing Provided By:
Michael A Giangiordano II  of  Century 21 Forrester Real Estate