Description
Great mixed-use duplex on a prominent CORNER in Newbold! The first floor is rented to a childcare center at $1100/month (increases to $1200/month on 1/15/2023, or has the option to terminate with 60 day notice). The second floor is a 2 bedroom, 1 bathroom apartment with washer/dryer, central AC, and deck rented for $1400/month. The property was renovated in 2017/2018 with upgrades throughout, including renovated baths, hardwood floors in the apartment, additional lighting, new water heaters, and new bilco doors. The garage was turned into an additional playroom for the childcare center but could easily be converted back into a parking garage. Perfect for any investor or small business owner looking for a corner location, with the option to live above your business or rent out the apartment for additional income._____________________________________________________________________________________________________________________Please note that the City of Philadelphia has conducted a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this process on the future real estate taxes for any properties in Philadelphia, you should contact the City of Philadelphia.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Great mixed-use duplex on a prominent CORNER in Newbold! The first floor is rented to a childcare center at $1100/month (increases to $1200/month on 1/15/2023, or has the option to terminate with 60 day notice). The second floor is a 2 bedroom, 1 bathroom apartment with washer/dryer, central AC, and deck rented for $1400/month. The property was renovated in 2017/2018 with upgrades throughout, including renovated baths, hardwood floors in the apartment, additional lighting, new water heaters, and new bilco doors. The garage was turned into an additional playroom for the childcare center but could easily be converted back into a parking garage. Perfect for any investor or small business owner looking for a corner location, with the option to live above your business or rent out the apartment for additional income._____________________________________________________________________________________________________________________Please note that the City of Philadelphia has conducted a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this process on the future real estate taxes for any properties in Philadelphia, you should contact the City of Philadelphia.
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