Take advantage of this great income producing property in North Philadelphia. The property is zoned as CMX2 and features three units: two apartments and a commercial space. The apartments have a separate entrance from the store on Rockland Street and features (2) two bedroom apartments. The commercial/retail space entrance is currently a convenience store. The second floor is vacant but features hardwood floors and has been totally updated with a new tile bathroom and a brand new kitchen. The third floor is tenant occupied and can be completely updated like the second floor to increase, which would be a great value-add opportunity. The retail business is a long-term tenant with a successful convenience store. Each unit has its own hot water heater/tank and electric meter. All utilities are electric and paid by the tenants. Annual income produced by building is $33,360+ a year.
Pictures coming soon.