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Listed by Bosam A Cheung • Realty Mark Associates
$249,899
Est. payment /mo
2,219 Sqft Lot
Under Contract
6320 RISING SUN AVE Philadelphia, PA 19111
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID PAPH2450350
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $3,325
Tax Year 2024
Lot Size 2,219 Sqft
Acres 0.05
Lot Dimensions 20.00 x 111.00
Property Sub-Type Mixed Use
Property Description
Accepting back-up offers!
Being sold as-is only.
Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now.
Lower level unit has 2 bedrooms with a full-bath and kitchen.
First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well.
Second Floor has 2 bedrooms, 1 kitchen and a full bathroom.
All separate entrances.
Approximate annual income $36,000.
Come check it out and put your money to work for you!
Being sold as-is only.
Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now.
Lower level unit has 2 bedrooms with a full-bath and kitchen.
First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well.
Second Floor has 2 bedrooms, 1 kitchen and a full bathroom.
All separate entrances.
Approximate annual income $36,000.
Come check it out and put your money to work for you!
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 353238500
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
