$ 750,000
-
$750,000
Price -
0
Bed - Bath
-
1,872
SqFt
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About the Listing BESTCTY - 3150220
Outstanding Investment Opportunity with a current cap rate of 6.7% – 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turn key investment opportunity for $750,000. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The currently rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: • Walk Score: 95 (Walker’s Paradise – daily errands can be accomplished without a car) • Transit Score: 85 (Excellent Transit – public transportation is convenient for most trips) • Bike Score: 94 (Biker’s Paradise – daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors
Listing Highlights for 2311 Christian St
Status
Active
Days on Site
65
Property Type
Commercial Sale
MLS ®
PAPH2512928
Year Built
1900
Total Square Footage
1,872
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Graduate Hospital
Area
19146 (19146)
School District
Philadelphia City
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s),Wall Unit
- Heating: Radiator
- Fireplaces:
- Floor: Engineered Wood,Ceramic Tile
- 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
- Lot Dimensions: 15.00 x 74.00
- Zoning: RM1
- Roof: Flat
- Others: Average
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,383
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
2311 Christian St Philadelphia, PA 19146
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