$185,000
$150,000
23.3%For more information regarding the value of a property, please contact us for a free consultation.
5501 BALTIMORE AVE Philadelphia, PA 19143
1,740 Sqft Lot
Key Details
Sold Price $185,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Kingsessing
MLS Listing ID 1002681858
Sold Date 10/09/15
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $2,860
Tax Year 2015
Lot Size 1,740 Sqft
Acres 0.04
Lot Dimensions 20X87
Property Description
Great Investment opportunity! This large 5,913 sq ft (6)unit building has fantastic income potential! The large 1st floor commercial space is currently occupied by Crazy Hands beauty salon (long term tenant). It was renovated in 2011. The other (5) units are vacant. There are (3) two bedroom apartments and (2) three bedroom apartments. All units have separate electric and gas utilities. Each residential unit has separate gas HVAC unit and electric H/W heater. The commercial space is 100% electric. The building is need of repair and the apartments vary in physical condition. The electric meters are in the basement to the rear of the building. The gas meters are on the opposite side of the basement. This property is being sold "as is" and the purchaser is responsible for the L&I certification and any required repairs. A copy of the L&I cert is attached to listing in documents. Also listed in trend under multifamily mls# 6629720.,Showings for the Beauty Salon are Wednesday 10-6, Thursday 10-6, Friday 9-6 & Saturday 8-2. Lock box may used to show apartments at anytime.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Flooring Wood
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881713900
Ownership Fee Simple
Special Listing Condition REO (Real Estate Owned)
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Bought with Marion A Johnson • Reliance Realty