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4365 Cresson St
For Sale $1,600,000
$1,600,000
- Units
- Unknown Sq Ft
- 2,619 Sq Ft
- Unknown Cap Rate
Description
"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:
4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."
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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 | $1,600,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871104120 |
| MLS # | PAPH2344754 |
| Property ID | 320416460 |
| Lot Sqft | 2,619 |
| Zoning | CMX25 |
| Days on Market | 226 |
| Original List Price | Unknown |
| Date Updated | August 25, 2024 |
| Date Created | April 18, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Marc M Scott an agent of Messa Real Estate & Insurance. Lic #RS279465
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Data last updated: November 30, 2024.
Robert Crawford
REAL ESTATE AGENT