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701 W ERIE AVE Philadelphia, PA 19140
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Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,104 sqft
Price per Sqft $77
Subdivision Franklinville
MLS Listing ID PAPH997928
Sold Date 05/25/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $1,977
Tax Year 2021
Lot Size 1,372 Sqft
Acres 0.03
Lot Dimensions 16.00 x 85.75
Property Description
This is a 5 unit building, 4 Residential and 1 Commercial space, currently being used as a Doctor's Office. there are 2 Efficiency Apartments and 2 One Bedroom Apartments. Residential units are rented out at $450 for Efficiencies and $550 for One Bedroom each, the rental on the office was $2000. Total Gross Income was $4000 per month. The exterior of the building is in good shape and the interior is maintained. This is and can be a Cash Cow.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits, 32\"+ wide Doors
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871199900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Qi Zhao • RE/MAX @ HOME
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