ACTIVE
704-712 S 4th St
Philadelphia PA, 19147
$3,750,000
$330.86 per sqft
ACTIVE
11,334 sqft
Commercial
Built in 1915
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
PAPH2329140
MLSⓇ ID
May 18, 2024
Updated
Map
704-712 S 4th St
Philadelphia PA, 19147
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Forced Air, Central, Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$5,741
Tax Frequency
Annually
Days on Market
74
Garage
No
Parking Total
4
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listed by Hui Hui, with Tesla Realty Group, LLC
Listing Contact: 8882139358
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Data last updated on 5/18/2024 at 12:07 PM UTC