1. Pennsylvania
2. Philadelphia
3. 6728 OLD YORK ROAD

6728 OLD YORK ROAD, Philadelphia, PA 19126

• 3,969 sqft

Property Description

Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied

Listing Status:

Active

Date Added:

May 1, 2025 at 05:00AM

Listing Office:

Addison Wolfe Real Estate : 2158625500

Listing Agent:

Evan Walton : 2153274709

MLS ID:

PAPH2477380

Interior

• Appliances: DishwasherDryer - Front LoadingWasher - Front Loading
• A/C: Ductless/Mini-Split
• Heating: Y90% Forced AirWall UnitElectric
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Evan Walton, Addison Wolfe Real Estate