2204 South St
$949,900
2204 South St, Philadelphia, PA 19146
62,100
NOI
2,868 sqft
Building Size
Details:
Highlights:
- Days on Market: 133
- Heating: Baseboard - Electric, Forced Air
Description:
INVESTOR ALERT!!!
This 4 unit (1 Retail & 3 apartments) prime commercial mixed use property, is a 3 story building on South Street, in the vibrant area of Fitler Square and is ready to be added to your real estate portfolio.
The first floor consists of the retail store tnant, Postbox Philly Store, which was recently updated and covers approximately 950+/- sq. ft.
The 2nd floor consists of a (2) 1 bedroom apartments.
The 3rd floor is a large 3 bedroom with a large deck.
All units have separate utilities.
Fitler square is a charming neighborhood with quaint cafes, boutique shops and art galleries contributing to its lively yet peaceful ambiance that offers city living and a community charm.
Rental income:
Unit 1: (Retail store): $2,250 with a 2% increase each year and a 5 year option after 2029,
Unit 2: (1 Bedroom) $825,
Unit 3: (1 Bedroom) $600,
Unit 4 : (3 Bedroom) $1,500
Location

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