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101 W Logan Street

PHILADELPHIA, PA 19144
  • $500,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: PAPH2092926
UPDATED: 25 min ago
$500,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This mixed use building is an excellent investment. This property has been recently rehabbed and is ready for a new owner. The first floor, Unit 1, is being utilized as an event space. It is a large gorgeous open space for events, a store or an office. It includes a full kitchen and bathroom. Projected rent for this space is $2,500 per month. The second floor, Unit 2, includes a barber shop/hair salon. It is designed as such but can be converted by the buyer to whatever works for the new owner. It includes a bathroom and personal property if the new buyer wishes to utilize it as a barber shop. Projected rent for this space is $1,500 per month. There are three beautiful and fully rehabbed residential units which includes unit 3 which is a one bedroom/one bath apartment with rental income of $850 per month. Unit 4 is a two bedroom/one bath apartment with rental income of $900 per month. Unit 5 is a two bedroom/one bath with rental income of $900 per month. Total income for the property would be $6,650. This building offers five sources of income and could be a great investment for the right buyer. Showings need at least 24 hours notice since there are tenants in the property. Only serious buyers will view all five units. Please call the appointment center to arrange a showing.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T08:52:00.29.
www.newhometeammd.com/homes/126826471
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101 W Logan Street PHILADELPHIA, PA 19144

  • Price: $500,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 25 min ago
  • ID#: PAPH2092926
0
Beds
0
Baths
0
½ Baths
0.04
Acres
Neighborhood:
Germantown (West)
County:
Philadelphia
Area:
19144 (19144)
School District:
The School District Of Philadelphia
Property Description
This mixed use building is an excellent investment. This property has been recently rehabbed and is ready for a new owner. The first floor, Unit 1, is being utilized as an event space. It is a large gorgeous open space for events, a store or an office. It includes a full kitchen and bathroom. Projected rent for this space is $2,500 per month. The second floor, Unit 2, includes a barber shop/hair salon. It is designed as such but can be converted by the buyer to whatever works for the new owner. It includes a bathroom and personal property if the new buyer wishes to utilize it as a barber shop. Projected rent for this space is $1,500 per month. There are three beautiful and fully rehabbed residential units which includes unit 3 which is a one bedroom/one bath apartment with rental income of $850 per month. Unit 4 is a two bedroom/one bath apartment with rental income of $900 per month. Unit 5 is a two bedroom/one bath with rental income of $900 per month. Total income for the property would be $6,650. This building offers five sources of income and could be a great investment for the right buyer. Showings need at least 24 hours notice since there are tenants in the property. Only serious buyers will view all five units. Please call the appointment center to arrange a showing.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3000.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 3000.00

Property Features

Acceptable Financing Other Accessibility Features None Assessment Year 2022 Business Type Other Central Air YN Yes Cooling Fuel Electric Cross Street Green Gross Income 79800.00 Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 801396131308 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2649.00 Tax Assessment Amount 189300.00 Tax Lot 175 Utilities Cable TvElectric AvailableSewer AvailableWater AvailableNatural Gas Available Vacation Rental YN No Water Source Public Zoning Rsa3

Listing courtesy of Coldwell Banker Realty.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T08:52:00.29.
 
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