1639 S 21st Street, Philadelphia, PA 19145

$499,900
List Price
$499,900
Days On Market
12
Status
ACTIVE
MLS#
PAPH788264
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1920
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

CORNER, FIVE (5) Unit, mixed use building in HOT POINT BREEZE! CMX1 ZONING. 18.25 feet X 67.5 feet. Windows on both sides and an angled glass front door. VICTORIAN DETAILS, featuring a brick fascia and brackets on the Cornice. Very Old-World Craftsmanship. FIRST FLOOR has a large, open area with big windows on both sides letting the public know this is a commercial space and we mean business. The FOUR APARTMENTS comprise one, 2-bedroom apartment, one 1-bedroom apartment with a ROOF DECK, and two studios. Run a business, live on the second floor and enjoy two incomes to help support a mortgage. Commercial space is rented at 1500 per month and the tenant will either stay or vacate, your choice. The 2 bedrooms bring in 900 per month. The 1 bedroom brings in 800 per month. The studios, each bring 700 per month. Gross income is approximately 55,000 per year and expenses are approximately 8300 per year. This income producer is in move in condition. It could also be terrific for your rental portfolio. Point Breeze develops and continues to bring a plethora of new people who call this home, and all these people need services such as specialty shops and businesses. Very RARE to find a five unit in this condition with rental income coming in. Here's your chance to open shop and live upstairs or rent upstairs and have an additional income. Opportunity in the waiting!

Additional Information

Area
19145 (19145)
Taxes
$2658
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Listing courtesy of BHHS Fox & Roach-Center City Walnut.