5407 MARKET ST, Philadelphia, Pennsylvania
5407 MARKET ST, Philadelphia, Pennsylvania 19139 - INVESTOR ALERT!!! Nice 2 story commercial/mixed use building for sale near the 52nd St Shopping Corridor. Legally Zoned CMX2 Building on busy Market Street. It is just 2 blocks from the bustling 52nd & Market Street Shopping Corridor with heavy foot traffic passing by at all times of the day. It is super convenient to transportation(52nd St Market-Frankford El Stop) and there is plenty of parking in front of and around the building. Currently: First floor is leased to a Hair Salon for $750 monthly. See pictures of salon and prior while vacant for a better view of full space. 2nd floor is a 2 BR apartment leased for $700 monthly. Currently generates $1,450 in rents per month. All electric utilities. Separately metered electric service. Tenants pay their own electric. Landlord pays only water, taxes and insurance. This is a solid investment property in an upward trending, gentrifying neighborhood. The possibilities are endless. First floor is Wheel Chair accessible. Property is being offered AS-IS and is priced to sell. Cash Buyers only. ALL reasonable offers will be considered. Also for sale is the building right next door, 5409 Market St. MLS # 6756547. Same CMX2 zoning and currently fully leased generating POSITIVE CASH FLOW. Check it out as well, Available individually or as a package deal. Come by, take a look, make an offer to add this one or both buildings to your rental portfolio.
Listing Courtesy of Realty Xpress