7100-7102 EDMUND ST, Philadelphia, PA 19135
7100-7102 EDMUND ST, Philadelphia, PA 19135
7100-7102 EDMUND ST, Philadelphia, PA 19135
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Stacey Caito

Stacey Caito

+1(703) 957-9643
Listed by ERIC FARHAT • RE/MAX Preferred - Cherry Hill
$599,900
Est. payment /mo
1,440 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2652354

Year Built 1955

Annual Tax Amount $2,161

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 37 X 80

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Excellent investment opportunity! Looking for a property that offers reliable, immediate cash flow? Look no further than 7100-7102 Edmund St, a remarkable mixed-use quadplex package featuring two income-producing buildings on one parcel. A true gem for savvy investors seeking steady, diversified returns. The property features 3 spacious, well-maintained residential units providing consistent passive income, alongside a fully occupied commercial storefront. The storefront is recently renovated and fully leased, anchoring the property with an additional strong revenue stream. Perfectly situated in a prime location just blocks from major roadways, ensuring an easy commute for residential tenants and high visibility for the commercial business. With a stabilized pro-forma optimization, this turnkey asset boasts an impressive cap rate of over 10%. Maximize your portfolio with two buildings for the price of one. Schedule your private tour today!

Location

State PA

County Philadelphia

Area 19135 (19135)

Zoning RSA3

Interior

Hot Water Natural Gas

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Chairlift, Accessible Switches/Outlets, 36\"+ wide Halls

Garage N

Building

Foundation Brick/Mortar

Sewer Private Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871585460

Ownership Fee Simple

Acceptable Financing Conventional, Cash, FHA

Listing Terms Conventional, Cash, FHA

Financing Conventional,Cash,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Locations

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Stacey Caito

Stacey Caito

+1(703) 957-9643

Agent | License ID: 0225222157

Agent License ID: 0225222157

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