PRIME LOCATION !!! Calling investors or business owners ! Quick jump on this rare Burholme multi-purpose building which includes 3 units total right on the main commercial strip of Rising Sun Ave. Property is in great condition. Entire building has been renovated just waiting for you to move your business into and opportunity for 2 tenants above producing excellent income. Building is currently vacant since it was just completely renovated. 4,200 sq ft total including store front (2,800 of commercial office space + 2 apartments which are 700 sq ft each). Ground level store front which was the old East Coast Event Group, which has since moved its headquarters. Store front can be used for your business or generate approx $2,000/month in rent. Store contains 2 half bathrooms. One on main level and one in basement. Commercial space can be perfect for an type of professional of office such as a real estate office, event planning, insurance or financial services office. Above store are two residential apartments. 1st floor residential unit is a 1 bed 1 bath (w/ new flooring, freshly painted, new kitchen, new bathroom) - currently vacant which can generate approx $750/month in rent. 2nd floor residential unit is also a 1 bed 1 bath (w/ new flooring, freshly painted, new kitchen, new bathroom) which can generate approx $750/month. Total monthly gross income potential of appox $3,500 ($42,000/annually). New Roof - 2017. Heater and Central Air serviced annually. Don't miss out on this rare business opportunity !!
Multi-familyProperty Type
1952Year Built
2,875 sq ftLot Size
$175Est. Price/Sq.Ft.
Listed by Mike Bottaro• Homestarr Realty
•215-355-5565 (broker)
•homestarr@homestarrinc.com (broker)
Bought with Lounas Frai• 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
Permits
Beds
—
Baths
—
Stories
2
Lot width
25 ft.
Lot depth
115 ft.
Lot size
2,875 Sq. Ft.
Year renovated
—
Sq. Ft.
2,800
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Philadelphia County
APN
871165400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 15, 2019.
CMX-1
/NIS
/NDO
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
Narcotics Injection Sites Overlay District
Ninth District 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
Mar 19, 2019 • Final
Bp_alter
Frame and install new exterior aluminum and glass doors for a future tenant entrance within an existing single-story semi-detached structure. No other work is included in this permit.
Remodel
Mar 19, 2019 • Final
Pp_plumbng
Install new toilets and sinks. All work will comply with the local plumbing code.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.