$1,985,000

6401-7 Castor Ave

PHILADELPHIA PA, 19149

Description

Looking for a fully occupied investment building in Great Location. Check it out !! a rare opportunity to own this huge big commercial building in the corner of busy intersection between Castor ave and Levick street. Lot size 69 x 108 with lot of spaces. First floor ( +/- 6500 sqft) consist tenants: an insurance company and newly renovated multi purposes office spaces, collect rent of $7500 with 10 years lease (5 year and 5 years options renewal). Lower lever, is leased by a church with over 100 seating, conference room, kids play room, banquet space with gourmet kitchen rent is $2600, lease to November 2020(tenant like to stay). Each part has own separate entrance and bathroom, upper level and lower level share the half of electric, water and taxes. Building is in good condition, maintenance free, total six air conditioners for both heating and cooling. With cap rate over 6%, Don~t miss out on this incredible opportunity to keep this property and increase both rent and value. Make your appointment, run your numbers, and Make us an offer!

Details

MLS#PAPH839730
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1940
Days On Site423

Features

SQ Feet12,790
Units3
ZoningCMX1
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19149
Area19149 (19149)
Listing VS Median (in 19149)
Price:
$1,985,000
low | high
Med:
$214,900
100% of Average
SqFt:
12,790
low | high
Med:
1,474
100% of Average
$ / SqFt:
$155
low | high
Med:
$146
56.060344032072% of Average
On Site:
423
low | high
Med:
12
100% of Average
Listing Updated: December 2, 2020 8:44:52 PM PST
Andrew F Cheng LogoMLS Number: PAPH839730
Listing Provided By:
Andrew F Cheng  of  Keller Williams Realty - Cherry Hill
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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