$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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ben Slater • RE/MAX Executive Realty
GET MORE INFORMATION