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2204 South St
For Sale $974,900
$974,900
- 3 Units
- Unknown Sq Ft
- 1,176 Sq Ft
- Unknown Cap Rate
Description
INVESTOR ALERT!!!
This 4 unit (1 Retail & 3 apartments) prime commercial mixed use property, is a 3 story building on South Street, in the vibrant area of Fitler Square and is ready to be added to your real estate portfolio.
The first floor consists of the retail store tnant, Postbox Philly Store, which was recently updated and covers approximately 950+/- sq. ft.
The 2nd floor consists of a (2) 1 bedroom apartments.
The 3rd floor is a large 3 bedroom with a large deck.
All units have separate utilities.
Fitler square is a charming neighborhood with quaint cafes, boutique shops and art galleries contributing to its lively yet peaceful ambiance that offers city living and a community charm.
Rental income:
Unit 1: (Retail store): $2,250 with a 2% increase each year and a 5 year option after 2029,
Unit 2: (1 Bedroom) $825,
Unit 3: (1 Bedroom) $600,
Unit 4 : (3 Bedroom) $1,500
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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 | $974,900 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871136500 |
| MLS # | PAPH2445812 |
| Property ID | 320077903 |
| Lot Sqft | 1,176 |
| Zoning | CMX2 |
| Total Units | 3 |
| Days on Market | 11 |
| Original List Price | Unknown |
| Date Updated | February 17, 2025 |
| Date Created | February 17, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $62,100 | $0 |
| Net Income (Yr) | $ 62,100 |
Listing Provided By
Paul Malitas an agent of . Lic #RS272322
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Data last updated: February 28, 2025.
Robert Crawford
REAL ESTATE AGENT