Philadelphia, PA 19124,4665 TORRESDALE AVE
Philadelphia, PA 19124,4665 TORRESDALE AVE
Philadelphia, PA 19124,4665 TORRESDALE AVE
47
$180,000
$189,900
5.2%
Est.Price: ?

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3,342 SqFt

4665 TORRESDALE AVE Philadelphia, PA 19124

Est. payment /mo
SOLD DATE : 08/31/2020

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Key Details

Sold Price $180,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,342 sqft

Price per Sqft $53

Subdivision Frankford

MLS Listing ID PAPH889668

Sold Date 08/31/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $1,881

Tax Year 2020

Lot Size 3,535 Sqft

Acres 0.08

Lot Dimensions 34.18 x 103.41

Property Description

Extremely Unique 2 parcel listing; 4665 Torresdale Ave & 2080R Margaret Street. This commercial property is situated on a busy corridor (Torresdale Avenue & Margaret Street) with easy access to I-95 North & South. The entryway to the 5 partitioned garages/warehouses is thru a 12 foot tall automatic roll up door. Inside of the property you will find 2 separated garages which could easily rent for $500-$600 per month each. In the rear of the property there are 2 more partitioned garages with office space & bathrooms in each, these two spaces would be ideal for any construction company or auto repair business, they would easily rent for $1,000-$1200 per month each. The 5th and largest unit is 2080R Margaret Street, this space has high ceilings, could fit about 10-12 cars and would rent for $1200-$1400 per month. All of the units have electric. This is a great investment/rental opportunity to lease 5 commercial units or a perfect space for a construction company or someone in the automotive industry looking to relocate. Total building square footage is 4,287 Sq. Ft, the total lot size is 4,480 Sq Ft Zoned CMX2. There are endless possibilities here, taxes are super low ($2946 for both properties). The cap rate on this deal is roughly 22-24%, a real money-maker ! Give me a call to schedule a private tour today !

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Flooring Concrete

Heat Source None

Exterior

Garage Spaces 31.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type Private Garage

Total Parking Spaces 31

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884344790

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Conor T. Rodgers • BHHS Prime Real Estate
Bought with Conor T. Rodgers • BHHS Prime Real Estate

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Dallas Jordan

Agent | License ID: 5018161

+1(706) 963-9045

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