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$ 1,150,000
$ 700,000 64.3%
Est. payment | /mo
3,265 Sqft Lot
$ 1,150,000
$ 700,000 64.3%
Est. payment | /mo
3,265 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Lot Size 3,265 Sqft
MLS Listing ID PAPH2529264
Total Units 6
Originating MLS BRIGHT
Property Description
SOLD in package deal with 866 N 44th St and 4400 Lancaster Ave
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, and a brand-new exterior security camera system with four cameras has been installed. The property is certified lead *free*, and all residential units have in-unit laundry, with off-street 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.***
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, and a brand-new exterior security camera system with four cameras has been installed. The property is certified lead *free*, and all residential units have in-unit laundry, with off-street 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.***
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Driveway
Building
New Construction N
Foundation Stone
Lot Dimensions 36.00 x 90.00
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $1,130
Tax Year 2025
Tax ID 871510775
Ownership Fee Simple
Special Sale Standard
testyfx76
Listed by Rick Land • KW Empower
Bought with Babette M Pomfret • KW Greater West Chester
Bought with Babette M Pomfret • KW Greater West Chester
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