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1307 W ALLEGHENY AVE, Philadelphia, Pennsylvania

$1,355,000Active

1307 W ALLEGHENY AVE, Philadelphia, Pennsylvania 19132
BHHS Fox & Roach-Jenkintown - MLS® ID: 6958235

Property Details

1307 W ALLEGHENY AVE, Philadelphia, Pennsylvania 19132 - Rare Templ University Dental Grad School & Hospital vicinity investment opportunity to own 5 turnkey investment properties entailing 20 units on the same block with positive cash flow, No L&I violations, separate utilities and high tenant demand stays fully occupied! These apartment buildings are situated in the heart of TU Hospital & campus expansion complex. Recent upgrades include new rubber roof, mechanical systems etc. Huge ROI upside with present rent schedule 45 to 60 per cent below market if rented to TU faculty or student body. These properties are available as a bundle acquisition entailing: 1307, 1309, 1311, 1313,& 1315 Allegheny Ave Also available are 5 additional investment properties 21 units all separate utilities 100 per cent occupied across the street entailing: 1228,1230, 1234, 1242,& 1302, W Allegheny Ave for the assertive Monopoly Game player/investors. RE: MLS # 6934062 Total for all 10 buildings 41 Units at 2.56 million. Note: All prospective investors are to provide pre-qualification proof of funds prior to showings. Detailed income and expenses and rent roll available upon request.

Amenities

  • Zip19132
  • CountyPhiladelphia
  • SQFT2772
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeRM1
  • School districtPhiladelphia
  • Year built1957
  • Lot size0.05
  • SewerPublic Sewer
  • Tax amount$1,061.00
  • Tax year2017
  • Office ID61023
  • Agent ID7722
  • Agent nameDarryl Miller
  • MLS® ID6958235

Broker: BHHS Fox & Roach-Jenkintown

Listing Courtesy of BHHS Fox & Roach-Jenkintown

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“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”

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