Investor Alert!! Location!Location!Location!!! High Cap rate about 9% The property is in a prime location in the heart of 52nd St Shopping District of West Philadelphia with great revenue generating potential for high cap rate . Close to Public Transportation. First floor retail space is occupied by H&R Block with a long term NNN lease with escalation clause. Additionally, there are 12 individual rooms and 4 full bathrooms on upper floors which previously generated $4200 per month in rent income. Separate entrance for upper floor spaces allows for flexible use of rooms as apartment or office units as desired and full basement storage is extremely convenient. DO NOT approach or contact tenants!!
Courtesy Of RE/MAX Services
Listing Status: Contract Pending
School District: THE SCHOOL DISTRICT OF PHILADELPHIA