1544 SOUTH STREET Philadelphia, PA $ 315,000
1544 SOUTH STREET
$ 315,000

1544 SOUTH STREET Philadelphia, PA, 19146

$ 315,000
Bedrooms Baths0.0 Sq 1,034

Monthly Estimate*

$ 1,221

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1544 SOUTH STREET, Philadelphia, PA 19146 - Image 1
1544 SOUTH STREET, Philadelphia, PA 19146 - Image 2

Commercial Property for sale in Philadelphia, PA

for $315,000. This 1,034 square foot building was built in 2011 on a lot size of 16X56.

Great Opportunity to purchase a tenant occupied commercial space in an excellent part of the South Street commercial corridor! This property has a generously sized ground floor commercial space that sits on a 16'x42' floor plate. The commercial space has full access to the basement which runs the entire length of the building as well. The business has been present at this location for 7 years and currently pays 1, 864/month plus all utilities. Tenant is responsible for city of Philadelphia use and occupancy fees. Current lease expires in September of 2019. Tenant has 8 two-year options to renew the lease at the current terms that would include 6% annual rent increase. Great location, great business, great investment for the savvy investor. Three years left on the current tax abatement. 24 hours notice required to show property.

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 118

Style

Other / Unknown

Lot Size

16X56

Year Built

2011

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

1008177372

Features
Room Sizes
Master Bedroom
Interior
Cooling System Central Air Electric Cooling
Heating Source Electric
Heating System Hot Water Heater: Electric
Sewer Public Sewer
Water Source Other Public Water
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Exterior
Construction Brick
Foundation Concrete
Roof Flat Roof
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Miscellaneous
Location Downtown
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Rental
Tenant Pays Electric Gas Heating Hot Water Insurance
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* Excluded Features
List By

Listing Agent

Ocf Realty Llc

Broker


Affordability

$ 1,231 per month
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Monthly Principal & Interest
$1,221
Monthly Property Taxes
$10
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
THE SCHOOL DISTRICT OF PHILADELPHIA School District
Pricing History
DatePricePrice ChangeDescription
10/20/2018$315,000 -3.08 % Price Down
10/20/2018$325,000 Price Up
10/2/2018$325,000 Listed Price

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1544 SOUTH STREET, Philadelphia, PA, 19146 is a Commercial Property for sale at $315,000 with 1,034 sqft and a lot size of 16X56. 1544 SOUTH STREET has 0.0 baths and was built in 2011. The property's zip code is 19146 which is in Philadelphia, PA