609-11 E ALLEGHENY AVE new to site

Philadelphia,PA 19134

$ 549000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2561626

Year Built 1920

Annual Tax Amount $7,768

Tax Year 2025

Lot Size 3,604 Sqft

Acres 0.08

Lot Dimensions 35.00 x 103.00

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

See attached documentations. Nine (9) non-housekeeping units with community kitchen for up to Sixteen (16) people. Property brings in a gross monthly income $12,500 on average. Annual Gross income $150,000. Property breakdown listed below:

* Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and Half Bathroom for communal use.

*Firs Floor : 1br 1ba Apt $800 , Office including full bathroom $2500 (Owner Occupied) , 2Br 1Ba $1100.

*Second Floor: Room 1 $500 , Room 2 $500 , Room 3 $400 , Room 4 $450 , Room 5 $500 , Room 6 $400 , Room 7 $400 , Room 8 $500. There are 2 full bathrooms for communal use.

* (2)Newer Water Heater Tanks, Rubber Roof Installed in 2018, New Sewer Line to the curb installed in 2023. Fire Alarm System. There are 4 Fire exits. Each Room is heated by its own Electric Fan Blower heater.

* 200AMP Service. 2 Electrical Meters. One services the 2br 1ba Unit located on the 1st floor. Second meter services the whole building.

Expenses:
Insurance: 2000/Yr
Water: 275/mo Avg
Electric: $650/Mo Avg
Pest Control: $65 every 6 months.
NO GAS.
Trash: $300/Yr

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RM1

Interior

Hot Water Electric

Heating Baseboard - Electric,Baseboard - Hot Water

Cooling Window Unit(s)

Flooring Ceramic Tile,Hardwood

Heat Source Electric

Exterior

Utilities Available Electric Available,Natural Gas Available,Water Available,Sewer Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Block,Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881042305

Ownership Fee Simple

Acceptable Financing Cash,Bank Portfolio

Listing Terms Cash,Bank Portfolio

Financing Cash,Bank Portfolio

Special Listing Condition Standard

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