1639 S 21ST ST, PHILADELPHIA, PA 19145 (MLS # PAPH788264)
CORNER, FIVE (5) Unit, mixed use building in HOT POINT BREEZE! CMX1 ZONING. 18.25 feet X 67.5 feet. Windows on both sides and an angled glass front door. VICTORIAN DETAILS, featuring a brick fascia and brackets on the Cornice. Very Old-World Craftsmanship. FIRST FLOOR has a large, open area with big windows on both sides letting the public know this is a commercial space and we mean business. The FOUR APARTMENTS comprise one, 2-bedroom apartment, one 1-bedroom apartment with a ROOF DECK, and two studios. Run a business, live on the second floor and enjoy two incomes to help support a mortgage. Commercial space is rented at 1500 per month and the tenant will either stay or vacate, your choice. The 2 bedrooms bring in 900 per month. The 1 bedroom brings in 800 per month. The studios, each bring 700 per month. Gross income is approximately 55,000 per year and expenses are approximately 8300 per year. This income producer is in move in condition. It could also be terrific for your rental portfolio. Point Breeze develops and continues to bring a plethora of new people who call this home, and all these people need services such as specialty shops and businesses. Very RARE to find a five unit in this condition with rental income coming in. Here's your chance to open shop and live upstairs or rent upstairs and have an additional income. Opportunity in the waiting!
Property Type(s): Multi Family
|Last Updated||5/15/2019||Year Built||1920|
|School District||THE SCHOOL DISTRICT OF PHILADELPHIA|
|LOT||1307 sq ft|
|LOT DIMENSIONS||18.25 x 67.50|
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Listing provided by BHHS Fox & Roach-Center City Walnut
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Data last updated: 5/24/19 6:43 AM PDT
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