1135 S 9th St
1,800 SF 100% Leased Retail Building Philadelphia, PA 19147 $1,121,952 CAD ($623.31 CAD/SF) 6.20% Cap Rate
EXECUTIVE SUMMARY
This is Prime real estate cash flow !! Located just off the busy Washington ave in the passyunk square neighborhood. The 1st floor is currently leased by custom t shirt and apparel business, which can access the basement. The side entrance which access to the 2nd and 3rd floor. The 2nd floor features 2 bedroom and full tile bathroom, hardwood flooring, modern finished kitchen, central HVAC. The 3rd floor with 1-bedroom, full bathroom, kitchen with granite top, recessing lighting with spacious living room. The building is fully renovated few years ago and basically maintenance free. This property with cap rate over 6% will be great opportunities to put in your buy and hold real-estate portfolio. Schedule your appointment Today.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Building Class
C
Year Built
1915
Price
$1,121,952 CAD
Price Per SF
$623.31 CAD
Cap Rate
6.20%
NOI
$69,561 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.04 AC
Zoning
C2 - Zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels.
Frontage
17’ on 9th St
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (77)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 871503350 | Improvements Assessment | $249,609 CAD |
| Land Assessment | $62,402 CAD | Total Assessment | $312,011 CAD |
