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3100 N 6TH ST, Philadelphia, Pennsylvania

$200,000Active

3100 N 6TH ST, Philadelphia, Pennsylvania 19133
RE/MAX Services - MLS® ID: 7055320

Property Details

3100 N 6TH ST, Philadelphia, Pennsylvania 19133 - Excellent mixed use investment opportunity! This 3505 sq. ft. property consists of a first floor retail space and apartments on the 2nd & 3rd floor. The retail space was previously a corner bar and could easily be used for the same purpose. A liquor license is not included. Other potential uses by right include a restaurant, professional offices, medical, religious assembly & grocery store. Check Phila zoning CMX-2 for additional uses by right or by special exception. The first floor is 1169 sq ft with his & her bathrooms and is finished nicely. See photos. The 2nd & 3rd floor apartments have a separate entrance & consists of 4 bedrooms and two full baths on each floor which can be developed into large apartments on each floor (1169 sq ft) or a boarding home type arrangement. The building exterior is in excellent condition with a 2-3 year old roof, updated fire alarm system, security system with cameras, automated roll down security gates for first floor doors and windows, basement walk in cooler, bilco doors for deliveries & basement freezer. All electric heat with one meter for the first floor and one for the 2nd & 3rd floors. Gas utility availiable. Pro-forma cap rate could exceed 20%. $360 per month per bedroom (8 bedrooms) and $1500 per month for retail space. Current income $2,040 per month. Property is priced to sell!

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Amenities

  • Zip19133
  • CountyPhiladelphia
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeCMX2
  • School districtPhiladelphia
  • Year built1945
  • Lot size0.03
  • SewerPublic Sewer
  • HeatingElectric
  • CoolingWall Unit
  • Tax amount$1,788.00
  • Tax year2017
  • Office IDRMSERVS
  • Agent ID60009008
  • Agent nameMichael Choplin
  • MLS® ID7055320

Broker: RE/MAX Services

Listing Courtesy of RE/MAX Services

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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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