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140709 72nd Avenue,  Philadelphia PA, 19126

(Active)
$499,000
|
4,165 sqft
|
MLS# PAPH2316666
Last Updated: 5/6/2024 6:09 AM
Description for 140709 72nd Avenue Philadelphia, PA 19126
Here presented to you are two 3-story twin townhomes combined into one with a global health care service operating and occupying the whole building. The 1st and 2nd floor of this property has no partition wall so each side is connected to the other. The 3rd floor is under construction to open that wall up to connect both sides of the building. This operation contains 11 rooms with 15 total beds with each bed currently occupied with a patient. Each bed generates $1,500/month grossing $22,500/month and $270,000/year. The owner is currently extending the 3rd floor of the property to add 3 more rooms which can hold 9 more beds to generate even more income. The whole property is carpeted throughout and has a boiler system with radiators for heating and window units for cooling. The 1st floor in the back has a big bathroom with 3 toilets and 1 shower and a private bath for the staff. The second floor has 2 full baths while the 3rd floor has 1 full bath. The basements of these two properties are currently separated. On one side contains the kitchen, office for the staff, and a laundry room. The kitchen comes equipped with a commercial refrigerator and freezer along with a pantry. The other side of the basement is semi finished and is used for storage. The exterior has a beautiful wrap around porch on the ground level with a ramp connected for easy wheel chair access. Additionally, the building is set up with multiple exits and a fire alarm system with smoke detectors wired into the system. The property is currently zoned as RSA-3 but has a rental license for 9 residential units in addition to a Certificate of Compliance from the Department of Human Services that allows for this operation to care for up to 15 patients. It is the responsibility of the buyer to confirm zoning and use of the property. This building is located just south of Cheltenham Ave in West Oak Lane. This location has a walk score of: 78, Transit Score of 52, and Bike score of 54. Nearby parks include Russel Park, Melrose Park and Simons Playground. Don't miss this opportunity to acquire a cash cow of an investment at 1407-09 72nd Ave!Buyers must have a Personal Care Home Administrator License or provide proof that they are enrolled in classes.
Price
$499,000
WEST OAK LANE
PHILADELPHIA
4,165 (approx)
PAPH2316666
Active
Description
Here presented to you are two 3-story twin townhomes combined into one with a global health care service operating and occupying the whole building. The 1st and 2nd floor of this property has no partition wall so each side is connected to the other. The 3rd floor is under construction to open that wall up to connect both sides of the building. This operation contains 11 rooms with 15 total beds with each bed currently occupied with a patient. Each bed generates $1,500/month grossing $22,500/month and $270,000/year. The owner is currently extending the 3rd floor of the property to add 3 more rooms which can hold 9 more beds to generate even more income. The whole property is carpeted throughout and has a boiler system with radiators for heating and window units for cooling. The 1st floor in the back has a big bathroom with 3 toilets and 1 shower and a private bath for the staff. The second floor has 2 full baths while the 3rd floor has 1 full bath. The basements of these two properties are currently separated. On one side contains the kitchen, office for the staff, and a laundry room. The kitchen comes equipped with a commercial refrigerator and freezer along with a pantry. The other side of the basement is semi finished and is used for storage. The exterior has a beautiful wrap around porch on the ground level with a ramp connected for easy wheel chair access. Additionally, the building is set up with multiple exits and a fire alarm system with smoke detectors wired into the system. The property is currently zoned as RSA-3 but has a rental license for 9 residential units in addition to a Certificate of Compliance from the Department of Human Services that allows for this operation to care for up to 15 patients. It is the responsibility of the buyer to confirm zoning and use of the property. This building is located just south of Cheltenham Ave in West Oak Lane. This location has a walk score of: 78, Transit Score of 52, and Bike score of 54. Nearby parks include Russel Park, Melrose Park and Simons Playground. Don't miss this opportunity to acquire a cash cow of an investment at 1407-09 72nd Ave!Buyers must have a Personal Care Home Administrator License or provide proof that they are enrolled in classes.
Listing Information
Property Type: Business Opportunities, 3+ Story
0.16 Acres 4,165 (approx) 1930
3
WEST OAK LANE
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Window Unit(s)
Gas Heat
Accessible Entrance
Exterior / Lot Features
On Street
50.00 x 173.00
Driving Directions
Coming from south Broad St make a left onto 72nd Ave and then the property will be on the right hand side.
Financial Considerations
881053978
$4,020
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19126 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19126 is $46,526. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19126 is 37 years.

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Courtesy: RE/MAX @ HOME
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/6/2024 6:09 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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