Bought with Michael E Riccardi • M Riccardi Agency, Inc
$550,000
$639,900
14.0%For more information regarding the value of a property, please contact us for a free consultation.
7416 WHITAKER AVE Philadelphia, PA 19111
5,320 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,320 sqft
Price per Sqft $103
MLS Listing ID PAPH798626
Sold Date 11/13/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1962
Annual Tax Amount $6,288
Tax Year 2020
Lot Size 5,750 Sqft
Acres 0.13
Lot Dimensions 50.00 x 115.00
Property Sub-Type Five Or More Units
Property Description
Prime location close to public transportation in great residential area. 7 one bedroom units plus 1 studio apartment (needs city approval), garage, coin operated laundry on premises. Hugh upside potential as rents are substantially undervalued. Added income can be obtained from garage and studio apartment which are vacant currently. Potential total gross income should exceed six thouand dollars per month. Coin operated laundry provides additional income above rentals. Tenants pay their own utilities. Building has its own off street parking lot for tenants. 24 hour notice is required for all showings. Rent roll and cash flow documents are available upon request. Leases are available for inspection in office only.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RSA3
Direction East
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Flooring Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available, Natural Gas Available, Phone
Water Access N
View City
Roof Type Flat
Street Surface Black Top
Accessibility Doors - Lever Handle(s), Level Entry - Main
Road Frontage Public, City/County
Total Parking Spaces 1
Garage Y
Building
Lot Description Corner, Front Yard, SideYard(s)
Foundation Block
Sewer Public Sewer
Water Public
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881171422
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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