Listed by McCann Commercial Real Estate
$415,000
6006 Chestnut St Philadelphia, PA 19139
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Convenience Store
Square Footage 3,753
Net Rentable (SqFt) 3,753
Units 3
Cap Rate 8.71%
Occupancy 100%
Price per SqFt $111
Year Built 1915
Year Renovated 2011
Buildings 1
Stories 3
Lot Size (SqFt) 1,884
Zoning CMX3
Cash Flowing Mixed Used Commercial Space w/ 2 Residential Units
Marketing description
Turnkey investment property on Market Street corridor with easy access to public transportation. Newly renovated in 2016. Ground Floor Commercial Unit + 2 Residential Units. 4 years remaining on tax abatement for renovation improvements. Each residential unit includes W/D, separate central AC/Heat, and appliances. Water sub-metered and separate metering for electrical. Modern systems and newly renovated construction allow for easy management and low operating expenses.
Listing Contacts
Listed by McCann Commercial Real Estate
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