$445,000
$425,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
7816 CASTOR AVE Philadelphia, PA 19152
2,161 SqFt
Key Details
Sold Price $445,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,161 sqft
Price per Sqft $205
MLS Listing ID PAPH2268680
Sold Date 11/28/23
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $3,190
Tax Year 2023
Lot Size 2,321 Sqft
Acres 0.05
Lot Dimensions 19.00 x 123.00
Property Description
Great opportunity to own a mixed use property in the bustling section of north east Philadelphia.Lower level is leased to a long term tenant at $ 2000 per month, upper level features a 2 bedroom apartment occupied by another long term tenant for $ 1200 per month. Upstairs tenant would like to stay, pizza shop has a first right of refusal to purchase.Landlord pays sewer for both units, apartment pays 30 % of total water bill and electric. Retail store pays 70 % of water bill and 50 % of property tax. Retail store and owner split business tax.Apartment is leased till Sep 2024 , pizza shop has a 5 year lease with one option to renew for another 5 years at $ 100 per month base rent increase.Property is being " sold as is "
Location
State PA
County Philadelphia
Area 19152 (19152)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871244300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Xin Chen • Canaan Realty Investment Group
