1637 S Broad Street

    Philadelphia, PA 19148
    • $1,340,000
    • STATUS: Active
    • ON SITE: 215 days
    • ID#: 7112639
    UPDATED: 46 min ago
    $1,340,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,090
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Keller Williams Realty Center City.

    Description

    Terrific opportunity to own a double property on south broad in one of the most desirable neighborhoods, Passyunk Avenue Square. This double property is ready to be developed to any extent the new owner would like. The first floor has been completely demised and ready for a new commercial tenant. It can also be configured for (2)-500sq ft. commercial units and 2 large (2) - bedroom units. Rents for 2- bedroom units range from 1600 to 2000 per month. 3 to 4 LEGAL parking spaces in the rear of the building with electric gated parking. The 2nd and 3rd floors on both properties contain existing nicely appointed 1-bedroom units. 1-bedroom units rent for 1100 - 1300 per month. The owner has architectural plans to convert them to large 2-bedroom 2 bath units on both properties. The total unit count could consist of: (6) - 2bedroom units and 2 smaller commercial spaces on the broad street corridor. Apartments 6 X 1800 = 10,800 per month Commercial space 2 x 600 = 1200 per month Total potential yearly 144,000 Plus, full basement for utilities, storage or coin operated washer dryers. Architectural Plans attached.

    Monthly Payment Calculator



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-19T12:56:05.113.
    www.scottkompa.com/homes/79969883

    1637 S Broad Street Philadelphia, PA 19148

    • Price: $1,340,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 7112639
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,090
    SQFT
    $434
    $/SQFT
    1968
    Built
    Neighborhood:
    Passyunk Square
    County:
    Philadelphia
    Area:
    19148 (19148)
    School District:
    Philadelphia
    Property Description
    Terrific opportunity to own a double property on south broad in one of the most desirable neighborhoods, Passyunk Avenue Square. This double property is ready to be developed to any extent the new owner would like. The first floor has been completely demised and ready for a new commercial tenant. It can also be configured for (2)-500sq ft. commercial units and 2 large (2) - bedroom units. Rents for 2- bedroom units range from 1600 to 2000 per month. 3 to 4 LEGAL parking spaces in the rear of the building with electric gated parking. The 2nd and 3rd floors on both properties contain existing nicely appointed 1-bedroom units. 1-bedroom units rent for 1100 - 1300 per month. The owner has architectural plans to convert them to large 2-bedroom 2 bath units on both properties. The total unit count could consist of: (6) - 2bedroom units and 2 smaller commercial spaces on the broad street corridor. Apartments 6 X 1800 = 10,800 per month Commercial space 2 x 600 = 1200 per month Total potential yearly 144,000 Plus, full basement for utilities, storage or coin operated washer dryers. Architectural Plans attached.
    Exterior Features

    Design Apartment Building Exterior Brick Garage Yes Garage Spaces 4+ Car Garage Lot Dimensions 16X123 Parking 4-Carparking Water Front No

    Interior Features

    Basement Yes Basement Type Full Central Air Yes Cooling Central A/C Handicap None Heating Gas Hot Water Natural Gas Interior Square Feet Source Assessor Laundry Type Washer In Unit Unit Five Baths 2 Unit Five Bedrooms 2 Unit Five Partial Baths 0 Unit Four Baths 2 Unit Four Bedrooms 2 Unit Four Partial Baths 0 Unit One Baths 2 Unit One Bedrooms 2 Unit One Partial Baths 0 Unit Six Baths 2 Unit Six Bedrooms 2 Unit Six Partial Baths 0 Unit Three Baths 2 Unit Three Bedrooms 2 Unit Three Partial Baths 0 Unit Two Baths 2 Unit Two Bedrooms 2 Unit Two Partial Baths 0

    Property Features

    Annual Gross Expense 4083.0 Annual Gross Income 12000.0 Cross Street Tasker Land Use Code Y50 Lot Number 249 New Construction No Sewer Septic Public Sewer Tax Year 2018 Total Assessment 360900.0 Total Taxes 5052.0 Type Multibldgs Unit Five Occupied No Unit Four Occupied No Unit One Occupied No Unit Six Occupied No Unit Three Occupied No Unit Two Occupied No Water Public Zoning Code Cmx2



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-19T12:56:05.113.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Keller Williams Realty Center City.