Commercial package deal 11 parcels, 9 commercial buildings with 2 commercial lots total, all rented with longterm tenants, 1 year lease with 5 year lease option with potential rent increase, 5 of 9 properties were newly built and developed in 2008 with a 10 year tax abatement, everything new 200 amp service lines with central air, new front concrete new rubber roof, come and take a look at a great opportunity to buy a turn key investment total monthly gross rent $8,750. 00, Yearly gross total $105,000 minus $8,004 total expenses, total net $96,496. 00 leaves you at 8% roi (return on investment) asking price for total package deal is $1,300,000 come and take a look all offers will be considered. . THIS PROPERTY IS 1 OUT OF 5 NEWLY BUILT IN 2008 INCLUDED IN PACKAGE DEAL, LEASED TO KIDZ DAYCARE CENTER FOR 1,300 A MONTH WITH A 5 YEAR OPTION AND RENT INCREASE. PROPERTIES ARE SOLD AS A PACKAGE DEAL FOR 1,300,000 PROPERTIES ARE TO BE SOLD FOR A HIGHER AMOUNT IF SOLD SEPARATELY
Off market
$66,300
2232 N Front St, Philadelphia, PA 19133
--beds
0baths
880sqft
SingleFamily
Built in 2010
871 Square Feet Lot
$-- Zestimate®
$75/sqft
$1,678 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total interior livable area: 880 sqft
Property
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 871 sqft
Details
- Parcel number: 882013220
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 2010
Community & neighborhood
Location
- Region: Philadelphia