Address
4028 Market Street, Philadelphia, PA
Price
$ 775,000
Property Attributes
- MLS#PAPH2126668
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodUniversity City
- Zip19104
- StyleHair Salon and Spa
- Year Built1915
- Taxes$ 3841
- Price$ 775,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2711
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Great mixed-use property in University City! One commercial store and 4 modern studio apartments! All separate utilities except cold water/sewer. Owner pays cold water/sewer for the building. The first floor store is currently a hair salon and leased month-to-month. All electric in this unit. Rent is $800/mo plus $100/mo for water. In the common hallway to the apartments, there is a shared laundry room with coin-operated W/D. The four apartments are modern studio apartments with all separate gas and electric and self-contained. Each unit has its own Central Air and Heat in unit. Separate hot water tanks per unit in the basement. They are all upgraded with hardwood floors and updated baths/kitchens. The 1st floor rear has access to the yard. Unit 1R is leased through Dec 2023 and pays $950/mo. Unit 2F is leased through July 2023 at $900/mo. Unit 2R is leased through April 2023 at $925/mo. Unit 3 is month-to-month and $950/mo. Basement is off limits to the tenants. Only accessible through the bilco doors on the front sidewalk. Excellent investment opportunity! Turn key! Come see this! Make your appointment today!
| Price History | |
|---|---|
| 6/9/2022 | Listed $950,000 |
| 7/25/2022 | 6% - $899,900 |
| 11/14/2022 | 6% - $850,000 |
| 1/11/2023 | 3% - $825,000 |
| 3/27/2023 | 4% - $799,900 |
| 8/14/2023 | 4% - $775,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric,Forced Air |
| Cooling | Central A/C,Wall Unit |
| Utilities | Electric Available,Natural Gas Available,Sewer Available,Water Available |
| Possession | Immediate,Subject to Existing Lease |
| Zoning | CMX4 |
| Construction Materials | Masonry |
| Exclusions | personal and business property owned by Tenants. Any appliances owned by Tenants. |
| Year Built | 1915 |
| Property SubType | Five Or More Units |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 54300.00 |
| OwnerPays | Advertising/Licenses and Permits,Common Area Maintenance,Repairs,Sewer,Taxes - Real Estate,Trash Collection,Water |
| Business Type | Hair Salon and Spa |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | UNIVERSITY CITY |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | use GPS |
| ModificationTimestamp | 2023-12-02T14:33:15 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Disclosures | Prop Disclosure |
| Total Units | 5 |
| MLS Area | 19104 (19104) |
| Lot Size Square Feet | 1416.00 |
| Tax Assessed Value | 274400.0 |
| Waterfront Y/N | No |
| Street Name | MARKET |
| Tax Annual Amount | 3841.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 285.87 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 692 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 73 |
| Total Actual Rent | 54300.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Natural Gas,Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | any and all appliances in Leases and owned by Landlords |
| Type of Parking | On Street |
| Land Use Code | Y50 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Building Area Total | 2711.00 |
| Lot Dimensions | 17.00 x 85.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 55129.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19104
Price
Taxes
Visits
Year Built
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