$ 257,000
-
$257,000
Price -
0
Bed -
0
Bath -
1,500
SqFt
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About the Listing PENNLBTY - 3166488
This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.
Listing Highlights
Status
Active
Days on Site
40
Property Type
Commercial Sale
MLS ®
PAPH2556308
Year Built
1940
Total Square Footage
1,500
Lot/Acreage
0.05
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX1
- Roof: Flat
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Public,On Street
Financial Details
- Tax Amount: $937
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1952 N 24th St Philadelphia, PA 19121
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