6728-30 OLD YORK RD Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19126
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,969 sqft
Price per Sqft $213
MLS Listing ID PAPH2477380
Style Traditional
Year Built 1930
Annual Tax Amount $3,694
Tax Year 2025
Lot Size 1,763 Sqft
Property Sub-Type Other
Property Description
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
Location
State PA
County Philadelphia
Area 19126 (19126)
Zoning CMX2
Interior
Hot Water Natural Gas,Electric
Cooling Ductless/Mini-Split
Equipment Dishwasher,Dryer - Front Loading,Washer - Front Loading
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Conventional,FHA,Cash
Listing Terms Conventional,FHA,Cash
Special Listing Condition Standard