Courtesy: Tesla Realty Group, LLC
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
PAPH2329140
Mixed Use, Business Opportunities, Other
PHILADELPHIA
1915
0.13
Acres
Public
Public Sewer
11,334
Sq. Ft.
13 Total
Interior Features
- Cooling
- Central Air, Window Unit(s)
- Heating
- Gas Heat. Forced Air, Central.
Exterior / Lot Features
- Parking
- 4 Parking Spaces.
- Lot Dimensions
- 80.00 x 80.00
Financial Considerations
871504910
$5,741
Arrows indicate 90 day trend
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