- Noah Ostroff
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Schedule Showing
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Property Details
- - Price: $645,000
- - Neighborhood: Graduate Hospital
- - Property Tax: $4,650
- - Listing Type: House/Townhome
- - MLS ID: 5893990
- - Square Feet: 2,784
1622 SOUTH ST, Philadelphia PA 19146
Income figures based actual plus potential income. Multi-Family/Comm Space. 3,625 SF. 3 Apts. Building has been rehabbed with city U&O issued. Basement has new poured & reinforced concrete floor, New HVAC unit for Main floor, New 350 amp service w/separate meters & all first floor joists have been replaced & doubled. All apts have new electric panels, new copper & cast iron drain lines to kitchens & baths which have been recently tiled & new fixtures. 1st/Main fl could be office or studio, 1000 sf of open space, chair ramp accessible w/new HW floors, potential rent is 2K. 2nd fl front unit 450 sf LR/Kit, BR & Study, potential rent 900. 2nd fl rear Bi-level unit 700 sf w/lofts, LR/Kit & 2 BR w/10x12 deck, potential rent 1300. 3rd fl unit 575 sf w/loft, LR/Kit & BR, potential rent 925. Basement 900 sq ft. Potential rent for parking 4 cars is $400, & month to month. Est gross potential income of $72,300, expenses are $6,500 with potential net income of $65,800. Live in 1 unit & operate a business. MAKE OFFER!
Listing Courtesy of Housepad LLP
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