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4361 Cresson Street,  Philadelphia PA, 19127

(Active)
$900,000
|
3,002 sqft
|
MLS# PAPH2343508
Last Updated: 5/3/2024 5:30 AM
Description for 4361 Cresson Street Philadelphia, PA 19127
"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."
Price
$900,000
PHILADELPHIA
3,002 (approx)
PAPH2343508
Active
Description
"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.03 Acres 3,002 (approx) 1900
Public
3 Total
Neighborhood
Room Information
Interior Features
Window Unit(s)
Gas Heat
Exterior / Lot Features
12 Parking Spaces,
19.00 x 60.00
Driving Directions
Corner of Levering St. and Cresson St.
Financial Considerations
871527235
$3,512
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19127 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19127 is $83,714. 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 19127 is 37 years.

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Courtesy: Messa Real Estate & Insurance
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 5/3/2024 5:30 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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