$330.86 Per Sq Foot $20,131 est/mo Sourced by Back At You

704-712 S 4th St,Philadelphia, PA 19147

Philadelphia PA, 19147

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Description

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.

Details

MLS#PAPH2329140
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site81
Listing Provided ByTesla Realty Group, LLC | Hui Hui

Features

SQ Feet11,334
ZoningCMX2
Acreage0.13

Market Activity 19147

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19147
Area19147
School DistrictPhiladelphia City
Listing VS Median (in 19147)
Price:
$3,750,000
low | high
Med:
$405,500
100% of Average
SqFt:
11,334
low | high
Med:
1,279
100% of Average
$ / SqFt:
$331
low | high
Med:
$317
54.100825430011% of Average
On Site:
81
low | high
Med:
124
65.322580645161% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 6:38:18 AM PDT