$72,000
$88,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
1606 W SUSQUEHANNA AVE Philadelphia, PA 19121
1,007 Sqft Lot
Key Details
Sold Price $72,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID 1002462454
Sold Date 10/15/16
HOA Y/N N
Originating Board TREND
Year Built 1915
Annual Tax Amount $1,438
Tax Year 2016
Lot Size 1,007 Sqft
Acres 0.02
Lot Dimensions 15X67
Property Description
Mixed use property with commercial on first floor and a 1 bedroom apt. on second floor and a 2 bedroom apt. on third floor. Commercial space is zoned for a 30 seat eat in restaurant. Great Investment property, only going to increase in value. Rehab was started but need to be finished. Framing and most electrical is done, risers for plumbing are in. the 1st floor and basement is zoned for a 30 seat restaurant and there is an apartment on 2nd floor and another on 3rd floor, so its 2 apartments and commercial space. We just acquired this property right before it was going to foreclosure and cleared the pertaining issues up and have started the rehab and will continue the rehab as we market the property for sale, so the price is only going to go up as we expend more $, time on the rehab. The value should be around $380k- $430k depending on finishes used when rehab is complete. Jump in and make a reasonable offer while there still is a lot of profit to be made.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Rooms
Other Rooms Master Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871541690
Ownership Fee Simple
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Bought with Orlando Martinez Jr Jr. • Quality Real Estate-Broad St