6634 WOODLAND AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19142
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,934 sqft
Price per Sqft $88
MLS Listing ID PAPH2360526
Year Built 1915
Annual Tax Amount $4,567
Tax Year 2024
Lot Size 2,300 Sqft
Property Description
A rare opportunity to own a mixed-use building on one of the most desirable commercial corridors in Southwest Philadelphia. This exceptional property features two commercial spaces on the first floor and four apartments above. The second floor hosts two apartments, and the third floor has two additional apartments, each consisting of two bedrooms and one bathroom. One of the third-floor apartments has access to the roof, offering the potential to build a rooftop deck.
The basement, accessed via a side entrance, houses the heaters for all units. All utilities are separated except for water. Most units have been recently updated. The front commercial unit rents for $1,400 per month, the rear commercial unit for $900 per month, and the apartments each rent for $800 per month. Currently, one apartment unit is vacant.
The current rents are below the average for the area, providing the new owner with an opportunity to increase cash flow and property value by adjusting the units to market rent. This property is priced to sell. Don?t miss out on this incredible opportunity!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Exterior
Waterfront N
Water Access N
Roof Type Flat
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard