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727 S 2ND Street

PHILADELPHIA, PA 19147
  • $2,150,000
  • STATUS: Active
  • ON SITE: 179 Days
  • ID#: PAPH2100438
UPDATED: 218 min ago
$2,150,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $800
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Information

High School:

Description

This amazing, beautiful corner CMX building (5 units - 4 residential & 1 restaurant) in QUEEN VILLAGE has it ALL! 1st fl is the Restaurant, Teresa's Mesa, which has a great food and ambience; (4) apartments have a separate entrances on Monroe St. This corner building stands very charming with the beautiful brick exterior and it is well maintained. It also has a one-car PARKING on site, which could be used by the owner or rented out (It is currently rented to one of the tenants). The popular Teresa's Mesa restaurant has a nice vibe and it has a full kitchen downstairs. The top floor is a gorgeous and spacious 2BD/1BA, sun-filled unit. The 2nd floor offers (2x) studios. The 1R apartment has another separate entrance and it is rented with a parking space. ALL units are fully leased. Separate utility meters. The 1st floor commercial space has a basement full kitchen roughly 700 Sq.Ft. The kitchen exhaust hood that runs straight to the roof. This great income producing property will make your portfolio even greater! Perfect turnkey investment property (ex. 1031 Exchange)!!

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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: 2022-09-28T23:51:15.45.
www.execuhome.com/homes/127329760
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727 S 2ND Street PHILADELPHIA, PA 19147

  • Price: $2,150,000
  • Status: Active
  • On Site: 179 Days
  • Updated: 218 min ago
  • ID#: PAPH2100438
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,688
SQFT
$800
$/SQFT
1906
Built
Neighborhood:
19147 (19147)
County:
Philadelphia
Area:
19147 (19147)
High School:
Horace Furness
School District:
The School District Of Philadelphia
Property Description
This amazing, beautiful corner CMX building (5 units - 4 residential & 1 restaurant) in QUEEN VILLAGE has it ALL! 1st fl is the Restaurant, Teresa's Mesa, which has a great food and ambience; (4) apartments have a separate entrances on Monroe St. This corner building stands very charming with the beautiful brick exterior and it is well maintained. It also has a one-car PARKING on site, which could be used by the owner or rented out (It is currently rented to one of the tenants). The popular Teresa's Mesa restaurant has a nice vibe and it has a full kitchen downstairs. The top floor is a gorgeous and spacious 2BD/1BA, sun-filled unit. The 2nd floor offers (2x) studios. The 1R apartment has another separate entrance and it is rented with a parking space. ALL units are fully leased. Separate utility meters. The 1st floor commercial space has a basement full kitchen roughly 700 Sq.Ft. The kitchen exhaust hood that runs straight to the roof. This great income producing property will make your portfolio even greater! Perfect turnkey investment property (ex. 1031 Exchange)!!
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above Grade Parking Types Parking Lot Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2688 Cooling Central A/C Exclusions Fireplace Mantel Heating 90% Forced Air Heating YN Yes Single Room Units 2 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashPrivateJoint VentureConventional Accessibility Features None Assessment Year 2022 Central Air YN Yes Cooling Fuel Natural Gas Foundation Details Other Gross Income 134076.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 126376.00 New Construction YN No Number Of Units Total 4 Operating Expense Includes Insurance Original MLSNumber 801448866268 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 5473.00 Tax Assessment Amount 391000.00 Tax Lot 231 Trash Expense 0.00 Vacation Rental YN No Water Source Public Zoning Cmx1

Listing courtesy of Realty Mark Associates-Cc: .


©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: 2022-09-28T23:51:15.45.
 
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