4361 Cresson St, Philadelphia, Pa

$900,000

Price

3,002 sqft

Building Size

1900

Year Built

Overview
Building Size
3,002 sqft
Year Built
1900
Price Per Sqft
$299.80
Zoning
CMX25
Roof
Flat
Description

"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:

4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."

Highlights
  • Days on Market: 16
  • Heating: Radiator

Location
Gallery