$390,000
$425,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
7401-3 BINGHAM ST Philadelphia, PA 19111
0.29 Acres Lot
Key Details
Sold Price $390,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Burholme
MLS Listing ID 1002703520
Sold Date 02/23/16
HOA Y/N N
Originating Board TREND
Year Built 1925
Annual Tax Amount $6,135
Tax Year 2016
Lot Size 0.291 Acres
Acres 0.29
Lot Dimensions 100X127
Property Description
Terrific Investment Property! Mixed use/multi-unit commercial investment in the Burholme section of Northeast Philadelphia near a five point intersection. This CASH COW consists of 2 buildings with 8 total income producing units and nets over 53k every year! Longtime owners have never had any issues finding tenants for this turn-key investment. These buildings are comprised of a residential duplex with two 2 bedroom units, several storefronts consisting of a deli, barber shop, 2 other storefronts/office spaces with garages & 2 additional garages. The owners have done tons of improvements including a new parking lot, new exterior, newer mechanicals and more!
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township, State
Parking Type On Street
Garage N
Building
Building Description Other, Private Restrooms
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871579340
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Ben Slater • RE/MAX Executive Realty
