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507 S 4TH Street

PHILADELPHIA, PA 19147
  • $749,900
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: PAPH2140492
UPDATED: 42 min ago
$749,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Residential unit is rented out fully furnished at $4800/m. Commercial first floor and finished basement is vacant. Completely remodeled with city permits, 10 year tax abatement approved on the remodeling cost. Storefront with new commercial window and door, ADA compliant bathroom, finished basement with bilco doors and access from commercial space. Fire alarm. Bi-Level apartment on the second and third floor with separate entrance, 2 bedrooms, 1.5 baths, rooftop deck and much more. With only one unit occupied cap rate is close to 5.5%, with both units occupied projected cap is close to 9%

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©2022 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 ExecuHome 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: 2022-08-19T10:01:54.437.
www.execuhome.com/homes/131018214
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507 S 4TH Street PHILADELPHIA, PA 19147

  • Price: $749,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 42 min ago
  • ID#: PAPH2140492
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1920
Built
Neighborhood:
Society Hill
County:
Philadelphia
Area:
19147 (19147)
School District:
The School District Of Philadelphia
Property Description
Residential unit is rented out fully furnished at $4800/m. Commercial first floor and finished basement is vacant. Completely remodeled with city permits, 10 year tax abatement approved on the remodeling cost. Storefront with new commercial window and door, ADA compliant bathroom, finished basement with bilco doors and access from commercial space. Fire alarm. Bi-Level apartment on the second and third floor with separate entrance, 2 bedrooms, 1.5 baths, rooftop deck and much more. With only one unit occupied cap rate is close to 5.5%, with both units occupied projected cap is close to 9%
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2200.00 Cooling Central A/C Heating Hot Water Heating YN Yes Net Square Feet 2200.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Other Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 801744170664 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8825.00 Tax Assessment Amount 630500.00 Tax Lot 108 Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning Rm1

Listing courtesy of Dan Real Estate, Inc.: .


©2022 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 ExecuHome 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: 2022-08-19T10:01:54.437.
 
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