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5816-22 N 4TH Street

PHILADELPHIA, PA 19120
  • $265,000
  • STATUS: Active
  • ON SITE: 169 Days
  • ID#: PAPH2086078
UPDATED: 39 min ago
$265,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

Looking for a real estate investment with great upside to increase your capitalization rate and good cash on return? This is the one! A total of 12 storage units that all rented out at $100-$120 monthly (below market price), with opportunity to increase cash flow. Upgraded garage doors, freshly painted exterior and external lights. Less than a 20 minute drive to Center City Philadelphia, and minutes from the Roosevelt Blvd, these garages are also located within a 5 minute drive to supermarkets such as Shoprite and Hmart, along with a plethora of restaurants in the area. Plenty of development going on in the area, with great upside potential for equity appreciation. Very stable rental income with low property taxes and maintenance expenses. Current tenants utilize space for storage. Do not miss the chance to snag this commercial gem up! Schedule your showing today!

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©2022 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 The Newman Real Estate Group | Keller Williams Flagship of Maryland. 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: 2022-08-11T20:02:24.553.
www.thinknewman.com/homes/126024534
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5816-22 N 4TH Street PHILADELPHIA, PA 19120

  • Price: $265,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 39 min ago
  • ID#: PAPH2086078
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1975
Built
Neighborhood:
Olney
County:
Philadelphia
Area:
19120 (19120)
School District:
The School District Of Philadelphia
Property Description
Looking for a real estate investment with great upside to increase your capitalization rate and good cash on return? This is the one! A total of 12 storage units that all rented out at $100-$120 monthly (below market price), with opportunity to increase cash flow. Upgraded garage doors, freshly painted exterior and external lights. Less than a 20 minute drive to Center City Philadelphia, and minutes from the Roosevelt Blvd, these garages are also located within a 5 minute drive to supermarkets such as Shoprite and Hmart, along with a plethora of restaurants in the area. Plenty of development going on in the area, with great upside potential for equity appreciation. Very stable rental income with low property taxes and maintenance expenses. Current tenants utilize space for storage. Do not miss the chance to snag this commercial gem up! Schedule your showing today!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On StreetPrivate GarageOther Riparian Rights YN No Roof Unknown Soil Types Unknown View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Flooring Concrete Heating None Net Square Feet 0.00

Property Features

Acceptable Financing CashConventionalPrivate Accessibility Features Doors - Lever Handle(S) Assessment Year 2020 Business Type Cold StorageParking GarageParking LotStorageWarehouse Central Air YN No Cooling Fuel None Electric Other Heating Fuel None Historic YN No Hot Water None Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 12 Original MLSNumber 801355092212 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 838.00 Tax Assessment Amount 59900.00 Tax Lot 143 Utilities Electric Available Vacation Rental YN No Water Source None Zoning Rsa5

Listing courtesy of Philadelphia Homes.


©2022 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 The Newman Real Estate Group | Keller Williams Flagship of Maryland. 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: 2022-08-11T20:02:24.553.
 
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The Newman Real Estate Group | Keller Williams Flagship of Maryland
231 Najoles Rd., Suite 100
Millersville MD, 21108