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1900-16 E Chelten Avenue

PHILADELPHIA, PA 19138
  • $2,800,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PAPH2311914
UPDATED: 20 min ago
$2,800,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

School District:

Description

8 Unit NNN Retail Strip Portfolio with 250' of corner frontage for sale on a heavily trafficked intersection! 8.47% Stabilized Cap Rate with rent increases built into the stable long-term leases. Property is currently generating $192,000 with two vacancies but has a potential gross income of $267,400 . 6 retail units and 2 big box units span a total of 17,999sqft. Profit & Loss, T12, Proforma, Comps and Leases are available upon request.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Redstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T15:56:24.883.
www.redstonerealty.us/homes/146577126
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1900-16 E Chelten Avenue PHILADELPHIA, PA 19138

  • Price: $2,800,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 20 min ago
  • ID#: PAPH2311914
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1925
Built
Neighborhood:
West Oak Lane
County:
Philadelphia
Area:
19138 (19138)
School District:
Philadelphia City
Property Description
8 Unit NNN Retail Strip Portfolio with 250' of corner frontage for sale on a heavily trafficked intersection! 8.47% Stabilized Cap Rate with rent increases built into the stable long-term leases. Property is currently generating $192,000 with two vacancies but has a potential gross income of $267,400 . 6 retail units and 2 big box units span a total of 17,999sqft. Profit & Loss, T12, Proforma, Comps and Leases are available upon request.
Exterior Features

Construction Materials BrickOther Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 17555.00 Cooling Central A/CWall Unit Heating Other Heating YN Yes Net Square Feet 17555.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Cross Street Ogontz Ave Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802810390250 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 19121.00 Tax Assessment Amount 1366000.00 Tax Lot 117 Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of Keller Williams Main Line - Narberth: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Redstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T15:56:24.883.
 
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