Three rental units in one building. Two apartments on the second and third floor of this building with full baths with a tub, one bedroom and separate entrances coupled with a street level store front unit. This solid brick & stone building offers both commercial and residential mixed use (U & O available upon request) in an AFFORDABLE location on Rising Sun Avenue. Located right in front of the bus route, ideal for walk in traffic/business and advertising. Choose to have your own business on the street level and rent the apartments above, one of which is already rented for $750 a month by a three year tenant. Talk about immediate INCOME opportunities. Investor/Buyer could use property as a store front for their own business such a beauty salon, insurance company, Real Estate Company, property management firm, law office while collecting rents for the two apartments above totaling $1500 OR decide to totally rent the property and collect another $600-$700 for the street level office unit. A driveway on the side of the building leads you to the 1 car free standing brick garage in back of building which could also be rented out for an additional $100 a month. Total carrying cost (heat, electric, water & sewer, insurance and real estate taxes) are about $700 per month excluding any mortgage. Potential total income generated can be $2200 monthly. Utilities are not separately metered, one breaker box however each floor has their own thermostat, separate phone and cable lines. Each tenants pays an additional summer electric surcharge of $50 monthly (June, July & August) for running their wall air conditioning units. Main roof is in good condition. Access can be made INSIDE the building from all units. Two rentals currently available at this time, call if interested for store front and middle unit apartment. Easy to see and ready to go!
Multi-familyProperty Type
1918Year Built
2,650 sq ftLot Size
$117Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Fred Williamson• BHHS Fox & Roach-New Hope
•215-862-3385 (broker)
•renee.swillo@foxroach.com (broker)
Listed by Andy Kowalski• BHHS Fox & Roach-New Hope
•215-862-3385 (broker)
•renee.swillo@foxroach.com (broker)
Bought with Kevin O'Shea• Keller Williams Real Estate Tri-County
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
25 ft.
Lot depth
106 ft.
Lot size
2,650 Sq. Ft.
Year renovated
—
Sq. Ft.
1,638
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Philadelphia County
APN
871547370
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
CMX-1
/NDO
/NIS
Neighborhood Commercial Mixed-Use-1 District
The CMX-1, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate low-impact, small-scale, neighborhood-serving retail and service uses in storefront buildings, as well as the types of residential uses allowed in surrounding zoning districts.
Zone overlays
Ninth District Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Garden center
Day care facility
Housing-Senior
Fire house
Library
Police station
Recreation-Other
Property details
Parking
Parking Information
# of Detached Garage Spaces: 1
# of Total Garage and Parking Spaces: 3
Has Garage
# of Garage Spaces: 1
Street
# of Open Parking Spaces: 2
On Street, Driveway, Detached Garage
Interior
Interior Information
Entry Location: Foyer
Room Information
Master Bedroom
Laundry Type: Hookup
Basement Information
Basement: Yes
Full, Outside Entrance, Fully Finished
Multi Unit Information
# of One Bedroom Units: 2
Other Units: Unit 1,Unit 2,Unit 3
Gross Income: $26,400
Annual Gross Expense: $8,975
Exterior
Property Information
Improvement Assessed Value: $172,744
Insurance Expense: $1,697
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Estimated
Building Information
Construction Materials: Stucco, Brick, Shingle Siding
Foundation Details: Stone
Main Entrance Orientation: East
Other Structures: Above Grade
Roof: Flat, Shingle, Slate
Storage: Garage
Structure Type: Semi-Detached
Exterior Information
Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 25X106
Tidal Water: No
Land Information
Land Assessed Value: $34,556
Above Grade Information
Finished Sq.Ft.: 2,670
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $207,300
Tax Year: 2014
Tax Annual Amount: $2,778
Utilities
Utilities Information
Cooling Type: Wall Unit
Electric Expense: $2,000
Less than 60 Amp Service, Circuit Breakers
Gas, Hot Water
Heating Fuel: Natural Gas
Annual Heating Expense: $1,500
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Cable TV Available
Water Sewer Expense: $1,000
Water Source: Public
Location
School Information
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
Location Information
Cross Street: PRINCETON AVE
Directions: Property located between Princeton Ave and Friendship directly in front of transit stop
Municipality: PHILADELPHIA
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,638
Stories: 2.0
Lot Size: 2,650 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1925
Year Renovated: —
County: Philadelphia County
APN: 871547370
Home facts updated by county records on Apr 11, 2023
Around this home
Schools
Crossan Kennedy C School
Public K-5 • Assigned • 0.4mi
5/10
Castor Gardens Middle School
Public 6-8 • Assigned • 1.0mi
6/10
Northeast High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Philadelphia, PA • 19111
Average low and high temperatures (°F)
36
24
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27
58
38
67
47
73
56
84
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89
72
82
64
78
62
70
50
57
41
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$296,000 – $359,000
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