School District: The School District Of Philadelphia
Address: 514 S 4TH ST
This historic mixed use building is in an ideal location - between Society HIll and Queen Village. This is a high foot traffic area. This sale includes 516 S 4th St, H, I and J - 3 separately deeded parking spaces adjacent to the property. The first floor of the property is office space - now a medical office. There is waiting room, business office, plus 5 rooms, 4 with sinks. There is also a powder room in the office, and a skylight in the hall. Second floor is an apartment in very good condition. Third floor is a very bright apartment also in good condition and with skylight. Behind the property is a trinity. There is an excellent rental history for the 3 residential units. First floor office space can work well for medical, dental, psychologist, massage, accountant, attorney, architect, retail, etc. There is a strong rental history here, as well as a great location for businesses. We have someone interested in buying the trinity and one parking space. It maybe possible to subdivide, sell and recoup much of initial investment. Current total income - $101,140. It can easily be increased. Expenses including tax, Water, sewer, trash, insurance and license is $14,876
Courtesy of: Lichtman Associates Real Estate, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th July, 2021 1:52 AM
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