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1135 S 9th St 1,800 SF 100% Leased Retail Building Philadelphia, PA 19147 $1,062,485 CAD ($590.27 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
$1,062,485 CAD
Price Per SF
$590.27 CAD
Cap Rate
6.20%
NOI
$65,874 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
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
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 871503350 | Improvements Assessment | $237,794 CAD |
| Land Assessment | $59,448 CAD | Total Assessment | $297,242 CAD |
Property Taxes
Parcel Number
871503350
Land Assessment
$59,448 CAD
Improvements Assessment
$237,794 CAD
Total Assessment
$297,242 CAD
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1135 S 9th St
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