$1,000,020
$1,050,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
7618 RISING SUN AVE Philadelphia, PA 19111
7,175 SqFt
Key Details
Sold Price $1,000,020
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,175 sqft
Price per Sqft $139
Subdivision Fox Chase
MLS Listing ID PAPH945746
Sold Date 11/30/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $9,341
Tax Year 2020
Lot Size 6,898 Sqft
Acres 0.16
Lot Dimensions 60.00 x 100.00
Property Description
GREAT INVESTMENT OPPORTUNITY! 11 UNIT BUILDING WITH SEPARATE ELECTRIC AND PRIVATE PARKING LOT. TEN ONE BEDROOMS AND ONE EFFICIENCY UNIT WITH ROOM TO INCREASE RENTS FOR BETTER CASHFLOW. COIN LAUNDRY IN BASEMENT ALONG WITH PRIVATE STORGE BINS FOR TENANTS. BUILDING HAS ONE LARGE GAS BOILER FOR HEAT PAID BY OWNER. NEW ROOF IN 2019. UPDATED HOT WATER HEATERS. LARGE UNITS AND WIDE STAIRWELLS WITH SPACIOUS BASEMENT STORAGE FOR TENANT AMMENITIES. LONG TERM TENANTS WITH UPDATED UNITS. VIEW AND MAKE OFFER.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Hardwood, Ceramic Tile, Carpet
Equipment None
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Electric Available, Natural Gas Available, Phone, Cable TV Available, Water Available
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881132230
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Fire Detection System,Exterior Cameras
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard
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Bought with William R Jung • Jung Property Management, LLC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "