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6728 Old York Road Philadelphia, PA $ 970,000
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$ 970,000 Get more info
6728 Old York Road
$ 970,000
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6728 Old York Road

Philadelphia, PA, 19126
$ 970,000
Baths0.0

Monthly Estimate*

$ 6,447

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Studio

Commercial Property for sale in Philadelphia, PA

for $970,000. This building was built in 1930 on a lot size of 0.04.

Priced to sell! Completely remodeled & occupied building, with a ground-floor commercial space and (2) 2 bedroom apartments above. Commercial Space is occupied by restaurant tenant at $5,665 NNN lease through 2028, with a 3% annual increase (starting in beginning of 2023) & option to renew. Apartments are currently rented at $1,550 each. Leases available upon request. Building is grossing $8,765 monthly, $105,180 annually. VERY minimal/low taxes & expenses. All units are separately metered and tenants pay all utilities. Located in a QOZ. Contact listing agent for more information & to schedule a showing.

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Commercial Active

Price

$ 970,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,163

Style

Apartment Building,Restaurant/Bar,Professional,Fle

Lot Size

0.04

Year Built

1930

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2281060
Features
Interior
Heating Fuel Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
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General
Sewer Public Sewer
Heating 90% Forced Air Wall Unit
Cooling Ductless/Mini-Split
Possession Settlement
Zoning CMX2
Construction Materials Masonry
Year Built 1930
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building Restaurant/Bar Professional Flex
Accessibility None
County PHILADELPHIA
Net Operating Income 100036.00
Operating Expense 5144.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19126 (19126)
Lot Size Square Feet 1763.00
Waterfront Y/N N
Street Name OLD YORK
Tax Annual Amount 3163.0
Property Condition Excellent
Price Per Sq Ft Total 244.39
Acceptable Financing Cash Negotiable Private FHA Conventional
Vacation Rental Y/N N
Days on Market 186
Standard Status Active
Year Built Source Assessor
Total Actual Rent 105180.00
Cap Rate 10.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions All appliances in as-is condition Some kitchen equipment in Commercial Space
Type of Parking None
Water View Y/N N
Building Area Total 3969.00
Lot Dimensions 41.00 x 43.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 45200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 6728
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* Excluded Features
List By
Kw Empower

Broker

maria@centercitylistings.com

Email

Affordability Calculator

$6,711
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,447
Monthly Property Taxes
$264
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
4/3/2024$970,000 -1.02% Price Down
2/11/2024$980,000 -1.01% Price Down
11/15/2023$990,000 Listed Price

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6728 Old York Road, Philadelphia, PA, 19126 is a Commercial Property for sale at $970,000 with a lot size of 0.04. 6728 Old York Road is a studio with 0.0 baths and was built in 1930. The property's zip code is 19126 which is in Philadelphia, PA

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