Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied
For sale
Price cut: $50K (6/2)
$799,000
6728 Old York Rd #30, Philadelphia, PA 19126
4beds
--baths
3,969sqft
Est.:
Retail
Built in 1930
-- sqft lot
$782,200 Zestimate®
$201/sqft
$-- HOA
What's special
Washer and dryerOutdoor spaceStainless steel kitchen appliances
- 95 days
- on Zillow |
- 108 |
- 35 |
- Loading
- Loading