This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal.… Read More Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio. Read Less
Courtesy of Ramon D Caceres Jr., Penn Liberty Real Estate. 215-922-7900.
Listing Snapshot
Days Online
284
Last Updated
Property Type
Commercial
Square Ft.
1,500
Lot Size
0.05 Acres
Year Built
1940
MLS Number
PAPH2556308
Additional Details
Building
Built in 1940, Built in 2022 (effective), 2 stories, Entry level: 1, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
2+ Access Exits
Floors
Luxury Vinyl Plank
Foundation
Stone
Heating
90% Forced Air
Income
Gross Income: $13,200, Gross ScheduledIncome: $26,400, Apartment Rentals, Professional Offices
Lot
0.05 acres
Owner Pays
Taxes - Real Estate, Water, Trash Collection, Snow Removal, Sewer Maintenance, Sewer, Repairs, Pest Control, Management, Insurance
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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