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112 S 20th St
For Sale $2,600,000
$2,600,000
- 5 Units
- Unknown Sq Ft
- 1,840 Sq Ft
- Unknown Cap Rate
Description
Rare to market, this commercial mixed use investment opportunity affords today's most savvy investor an incredible slice of heaven in one of the most sought after locations in the city. This magnificent building is ideally located right by Rittenhouse Square on a highly desirable block with all the amenities anyone could ask for. This building has undergone an extensive renovation for a long term medical tenant which has a 2 story medical office, that was painstakingly updated top to bottom. High ceilings, hardwood flooing, updated plumbing and electtrical. The old world charm meeting with today's modern amenitites has been meticulously combined and affords plenty of street exposure and natural lighting. In addition to the medical practice, there are additional apartments as well. There are 4 units, compiling of 3 one bedroom apartments and a two story penthouse with 2 bedrooms. This building brings in about $188,000 in annual inome. Utiliites have been separated out, long term tenants in excess of 10 years for some. This building exemplifies the beauty and archittectural marvel that Philadelphia portrays at a high level. A true pillar to anyone's investment portfolio.
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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 | $2,600,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1890 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871006000 |
| MLS # | PAPH2180660 |
| Property ID | 320059160 |
| Lot Sqft | 1,840 |
| Zoning | CMX4 |
| Total Units | 5 |
| Days on Market | 733 |
| Original List Price | Unknown |
| Date Updated | August 27, 2024 |
| Date Created | November 20, 2022 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $188,700 | $0 |
| Cap Rate | 6.50% |
Listing Provided By
Frank Blumenthal an agent of . Lic #RS290719
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Data last updated: November 22, 2024.
Robert Crawford
REAL ESTATE AGENT