Active
704-712 S 4th St
Philadelphia PA, 19147
$3,750,000
$330.86 per sqft
Active
11,334 sqft
Commercial
Built in 1915
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
PAPH2329140
MLSⓇ ID
March 16, 2024
Updated
Map
704-712 S 4th St
Philadelphia PA, 19147
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Forced Air, Central, Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$5,741
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking Total
4
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listed by Hui Hui, with Tesla Realty Group, LLC
Listing Contact: 8882139358
The IDX display contains information sourced from the Bright MLS, Inc. as of 3/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 3/16/2024 at 12:47 AM UTC
