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707-711 S 4Th Street Philadelphia, PA $ 2,150,000
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707-711 S 4Th Street
$ 2,150,000
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707-711 S 4Th Street

Philadelphia, PA, 19147
$ 2,150,000
Baths0.0 Sq 2,800

Monthly Estimate*

$ 14,290

707-711 S 4Th Street, Philadelphia, PA 19147 - Image 1
707-711 S 4Th Street, Philadelphia, PA 19147 - Image 2
707-711 S 4Th Street, Philadelphia, PA 19147 - Image 3
707-711 S 4Th Street, Philadelphia, PA 19147 - Image 4
707-711 S 4Th Street, Philadelphia, PA 19147 - Image 5
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707-711 S 4Th Street, Philadelphia, PA 19147 - Image 7
Studio

Commercial Property for sale in Philadelphia, PA

for $2,150,000. This 2,800 square foot building was built in 1915 on a lot size of 0.08.

Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $164,158 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations near Famous Deli. An estimated net operating income of $137,941 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.

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Commercial Active

Price

$ 2,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,750

Style

General Retail

Lot Size

0.08

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2329156
Features
Interior
Heating Fuel Natural Gas
Hot Water 60+ Gallon Tank
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Window Unit(s)
Possession 0-30 Days CD
Zoning CMX2
Construction Materials Masonry
Year Built 1915
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Gross Income 164158.00
Business Type Other/General Retail
Accessibility None
County PHILADELPHIA
Net Operating Income 137941.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 4th & Bainbridge
City PHILADELPHIA
Buyer Agent Compensation 2
Total Units 8
MLS Area 19147 (19147)
Lot Size Square Feet 3650.00
Waterfront Y/N N
Street Name 4TH
Tax Annual Amount 7750.0
Price Per Sq Ft Total 345.83
Vacation Rental Y/N N
Days on Market 74
Standard Status Active
Year Built Source Assessor
Tax Lot 325
Total Actual Rent 164158.00
Cap Rate 7.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 6217.00
Lot Dimensions 45.00 x 90
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 110740.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 707
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* Excluded Features
List By
Tesla Realty Group, Llc

Broker

mayhhui@gmail.com

Email

Affordability Calculator

$14,935
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,290
Monthly Property Taxes
$646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2024$2,150,000 Listed Price

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707-711 S 4Th Street, Philadelphia, PA, 19147 is a Commercial Property for sale at $2,150,000 with 2,800 sqft and a lot size of 0.08. 707-711 S 4Th Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 19147 which is in Philadelphia, PA

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