17 N 23 Rd St
$625,000
17 N 23 Rd St, Mount Penn, PA 19606
8.6
Cap Rate
54,053
NOI
Details:
Highlights:
- Days on Market: 15
- Parking Features: Paved Parking, Surface
- Heating: Forced Air
Description:
Corner
New to the market, compare the value in this mixed use commercial/multifamily building. This well maintained building features 2 commercial office suites on the main floor, and 4 residential apartments on the 2nd and 3rd floors. Each office space includes approx. 1600 sq.ft. and they feature a large conference room/waiting room, multiple private offices and private bathrooms. The residential apartment details are as follows: Apt. 1 - 2 Brs, 1 bath, Apt 2 - Efficiency 1 Br, 1 bath, Apt. 3 1 Br, 1 bath, Apt. 4 - 1 Br, 1 Bath. 3 of the 4 units have their own separate laundry facilities. There is a parking lot for 6-8 cars in the rear of the building. The lower level is partially finished adding additional square footage. This space may have potential for an owner occupant needing office or flex space, or could possibly be rented for additional income, (contact the municipality to verify use). Recent mechanical updates were done, including a newer Mansard roof 2018, water heaters replaced, chimney restoration, bilco door replacement, newer updated toilets, upgraded bathroom and more.
Location
Gallery