$660,000
$750,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
6610 MARTINS MILL RD Philadelphia, PA 19111
3,962 SqFt
Key Details
Sold Price $660,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,962 sqft
Price per Sqft $166
MLS Listing ID PAPH2036856
Sold Date 08/11/23
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $6,132
Tax Year 2023
Lot Size 5,054 Sqft
Acres 0.12
Lot Dimensions 140.00 x 100.00
Property Description
Investor alert – Are you looking for a well maintained, completely managed, cash flowing portfolio? Or maybe just a piece to get your portfolio started? Well look no further! This 14 unit package deal consists of an 8 unit apartment building, 2 – 2/2 duplex’ and 2 – 3 bdrm homes. All properly zoned and licensed. Total cap rate approx 7%. This portfolio has been cared for by the same owner for many yrs. Professionally managed and maintained and updated as needed. Low tenant turnover. And always easy to fill. MLS #s for your reference: PAPH2098758, PAPH2098764, PAPH2036846, PAPH2036856
PLEASE NOTE PACKAGE DEAL PREFERRED HOWEVER INDIVIDUAL PROPERTY SALES WILL NOW BE CONSIDERED. PLEASE NOTE PAPH2036856 AND AT LEAST ONE OTHER PROPERTY MUST SETTLE ON THE SAME DAY, SO BEING FLEXIBLE WITH SETTLEMENT WILL BE GREATLY APPRECIATED.
See attached rent roll, income statement excluding mgmt. fees and recent capital improvements. Limited pictures available but see attached floor plans. SEE ADDED DOC WITH INCOME ESTIMATES BROKEN OUT PER PROPERTY. Absolutely no showings until an offer is accepted.
Buyer responsible for verifying all info.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility Mobility Improvements
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881132600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Emanuel Kosacci • REDBLOCK Realty Inc.