$525,000
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6634 Woodland Avenue Philadelphia, PA 19142 Municipality: Philadelphia
Multi-Family
Residence
Beds
2
Baths
5,934
Sq. Ft.
0.05
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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A rare opportunity to own a mixed-use building on one of the most desirable commercial corridors in Southwest Philadelphia. This exceptional property features two commercial spaces on the first floor and four apartments above. The second floor hosts two apartments, and the third floor has two additi...onal apartments, each consisting of two bedrooms and one bathroom. One of the third-floor apartments has access to the roof, offering the potential to build a rooftop deck. The basement, accessed via a side entrance, houses the heaters for all units. All utilities are separated except for water. Most units have been recently updated. The front commercial unit rents for $1,400 per month, the rear commercial unit for $900 per month, and the apartments each rent for $800 per month. Currently, one apartment unit is vacant. The current rents are below the average for the area, providing the new owner with an opportunity to increase cash flow and property value by adjusting the units to market rent. This property is priced to sell. Donât miss out on this incredible opportunity!
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MLS#
PAPH2360526
Property Type
Multi-Family
Bathrooms
Year Built
1915
Square Feet
5,934
sq. ft
Price per Sq. Ft.
$88.47
Lot Size
0.05
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