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1016 Cottman Ave
For Sale $1,680,000
$1,680,000
- 3 Units
- Unknown Sq Ft
- 8,750 Sq Ft
- Unknown Cap Rate
Description
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear.
This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills.
are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,680,000 |
| Property Type | Other |
| Usable Sqft | 0 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881223990 |
| MLS # | PAPH2094662 |
| Property ID | 295522487 |
| Lot Sqft | 8,750 |
| Zoning | CMX2 |
| Total Units | 3 |
| Days on Market | 1,427 |
| Original List Price | Unknown |
| Date Updated | June 08, 2025 |
| Date Created | March 16, 2022 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $114,300 | $0 |
| Net Income (Yr) | $ 100,559 |
| Cap Rate | 6.00% |
Listing Provided By
Jie Chen an agent of . Lic #RM424964
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Data last updated: February 10, 2026.
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Robert Crawford
REAL ESTATE AGENT