PA > Philadelphia
Philadelphia, PA 19126,6728-30 OLD YORK RD
Listed by Evan Walton • Addison Wolfe Real Estate
$849,000
Est. payment /mo
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3,969 SqFt
New

6728-30 OLD YORK RD Philadelphia, PA 19126

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Tanea Hoffman

Tanea Hoffman

+1(609) 781-6714

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,969 sqft

Price per Sqft $213

MLS Listing ID PAPH2474282

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $3,694

Tax Year 2025

Lot Size 1,763 Sqft

Acres 0.04

Lot Dimensions 41.00 x 43.00

Property Sub-Type Mixed Use

Property Description

Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied

Location

State PA

County Philadelphia

Area 19126 (19126)

Zoning CMX2

Interior

Hot Water Natural Gas, Electric

Cooling Ductless/Mini-Split

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871257950

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, FHA, Cash

Listing Terms Conventional, FHA, Cash

Financing Conventional,FHA,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Tanea Hoffman

REALTOR® | License ID: NJ 2185133

+1(609) 781-6714

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6728-30 OLD YORK RD