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3862-64 TERRACE ST Philadelphia, PA 19128
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Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,989 sqft
Price per Sqft $124
MLS Listing ID PAPH2282980
Sold Date 12/05/23
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $4,930
Tax Year 2023
Lot Size 3,500 Sqft
Acres 0.08
Lot Dimensions 35.00 x 100.00
Property Description
A commercial space that is rented out with a single 2 bedroom unit that is also leased. A fully occupied building that will provide cash flow and a strong cap rate. The commercial space is deceiving large, and the second floor unit has 2 levels. In the commercial space there is a generous sized walk-in fridge, as well as an extremely large kitchen in the back. There is also an office nestled between the front and kitchen space. The space also offers two restrooms. What a great opportunity to invest, or live in the top floor unit and have a business run out of the commercial space!
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning CMX-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Mobility Improvements
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871527270
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Paige Chin • Keller Williams Realty Wilmington
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