$700,000

868-70 N 44TH ST, Philadelphia, PA 19104

  • 4,430 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $158/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

866-70 N 44th St, Philadelphia, PA. Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2x commercial 1st floor units and 4x residential units), grossing $6,505/month in rent income: 868 N 44th St ($1,410/month, commercial with private entrance) | 870 N 44th St Unit 1($1,390/month) | Unit 2 ($915/month) | Unit 3($915/month) | Unit 4 ($900/month) | Unit 5 ($945/month). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and all residential units have in-unit laundry, with off-stret parking in the rear. Building is fully sprinklered with fire alarm panel. Private trash and parking at 866 N 44th St, a separate 1,360 sq ft CMX-2 lot that is included with this sale. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,131/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Whether you’re looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of 868 N 44th St (commercial unit) are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

Listing Status:
Active
Listing Office:
KW Empower : 2156273500
Listing Agent:
Eric Land : 6099928248
MLS ID:
PAPH2529240
  • Basement: Unfinished
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Eric Land, KW Empower

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Martha Washington Elementary Academics

766 N 44th St, Philadelphia, PA, 19104

Grades KG-8

0.19 miles away

M

Martha Washington Elementary Academics

766 N 44th St, Philadelphia, PA, 19104

Grades KG-8

0.19 miles away

P

Philadelphia Learning Academy - South

4300 Westminster Ave, Philadelphia, PA, 19104

Grades 9-12

0.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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