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1019-49 W Sedgley Avenue

PHILADELPHIA, PA 19140
  • $2,249,900
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: PAPH2312692
UPDATED: 67 min ago
$2,249,900
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1942
County:

School Information

Description

RARE OPPORTUNITY to own this very unique & LARGE CORNER Laundromat with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Laundromat is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Laundromat that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses!This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat.This Laundromat generates averagely of about $15,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7AM to 9PM, all 7 days a week. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Below are some of the Business Expenses: Water ($1,671/mo.), Electric ($635/mo.), Gas ($1, 225/mo.), Trash ($118/mo.), Sewer ($84/mo.), Comcast Cable TV & Internet ($261/mo.), Business Telephone ($30/mo.), Alarm System ($54/mo.); Property & Liability Insurance ($12,000/year), Property Tax ($4,966/year) . Run the existing Laundromat business to generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!

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©2024 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: 2024-02-20T19:54:33.153.
www.newhometeammd.com/homes/146761187
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1019-49 W Sedgley Avenue PHILADELPHIA, PA 19140

  • Price: $2,249,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 67 min ago
  • ID#: PAPH2312692
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1942
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19140 (19140)
Elementary School:
Bethune Mary Mcleod
Middle School:
Mary Bethune School
High School:
Mastery Charter School At Gratz
School District:
The School District Of Philadelphia
Property Description
RARE OPPORTUNITY to own this very unique & LARGE CORNER Laundromat with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Laundromat is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Laundromat that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses!This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat.This Laundromat generates averagely of about $15,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7AM to 9PM, all 7 days a week. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Below are some of the Business Expenses: Water ($1,671/mo.), Electric ($635/mo.), Gas ($1, 225/mo.), Trash ($118/mo.), Sewer ($84/mo.), Comcast Cable TV & Internet ($261/mo.), Business Telephone ($30/mo.), Alarm System ($54/mo.); Property & Liability Insurance ($12,000/year), Property Tax ($4,966/year) . Run the existing Laundromat business to generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!
Exterior Features

Construction Materials MasonryStuccoTile Door Features Double Entry Garage YN No Location Type Corner Lot/Unit Lot Features CornerLevelOpenOther Other Equipment Negotiable Parking Features Handicap ParkingPaved ParkingSecurity/MonitoredSurfaceUnassigned Parking Types DrivewayOn StreetParking Lot Property Condition ExcellentVery GoodGood Riparian Rights YN No Roof OtherRubber View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3600.00 Cooling Ceiling Fan(s) Exclusions ALL Store Inventory (such as detergentssoftenerssoapsetc.)SodasSnacksFolding Laundry Basket on Wheels Foldable Utility Trolley. Flooring Tile/Brick Heating CentralForced Air Heating YN Yes Inclusions ALL in AS-IS Condition: 46 Dryers41 WashersTablesChairsLaundry CartsCoin Change MachineSnacks Vending MachineBeverages Vending Machine Net Square Feet 3600.00 Security Features Carbon Monoxide Detector(s)Exterior CamerasSecurity SystemSmoke DetectorSurveillance SysWindow Grills

Property Features

Acceptable Financing CashConventional Accessibility Features Level Entry - MainNo Stairs Annual Gross Expense 65904.00 Assessment Year 2023 Business Type Other/General RetailOther Central Air YN No Cooling Fuel Electric Cross Street N. 11th Street Electric Circuit Breakers Electric Average Monthly 635 Electric Expense 7620.00 Electric Last12 Months 7620.00 Foundation Details Brick/MortarConcrete Perimeter Gross Income 180000.00 Ground Rent Payment Frequency Annually Heating Fuel Natural GasCentral Historic YN No Hot Water 60+ Gallon Tank Insurance Expense 12000.00 Internet Services Cable Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 114096.00 New Construction YN No Operating Expense 5492.00 Operating Expense Includes ElectricInsuranceWaterOtherSewerTrash Original MLSNumber 802815529442 Other Expense 2218.00 Owner Pays All UtilitiesElectricityGasHeatInsuranceTaxes - Real EstateWaterSewerTrash CollectionOther Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 4966.00 Tax Assessment Amount 354800.00 Tax Lot 154 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mile Trash Expense 1416.00 Utilities Electric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning I2

Listing courtesy of Century 21 Advantage Gold-South Philadelphia: .


©2024 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: 2024-02-20T19:54:33.153.
 
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