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704712 S 4th Street,  Philadelphia PA, 19147

(Active)
$3,750,000
|
11,334 sqft
|
MLS# PAPH2329140
Last Updated: 4/28/2024 3:28 AM
Description for 704712 S 4th Street Philadelphia, PA 19147
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
Price
$3,750,000
PHILADELPHIA
11,334 (approx)
PAPH2329140
Active
Description
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.13 Acres 11,334 (approx) 1915
Public
Public Sewer
13 Total
Neighborhood
Room Information
Interior Features
Central Air, Window Unit(s)
Gas Heat, Forced Air, Central
Exterior / Lot Features
4 Parking Spaces,
80.00 x 80.00
Driving Directions
4th & Bainbridge
Financial Considerations
871504910
$5,741
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19147 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19147 is $88,437. 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 19147 is 37 years.

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Courtesy: Tesla Realty Group, LLC
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 4/28/2024 3:28 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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