$407,000
$450,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
5516 RISING SUN AVE Philadelphia, PA 19120
2,800 SqFt
Key Details
Sold Price $407,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $145
Subdivision Rising Sun
MLS Listing ID PAPH2264806
Sold Date 10/31/23
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,087
Tax Year 2023
Lot Size 1,598 Sqft
Acres 0.04
Lot Dimensions 20.00 x 80.00
Property Description
Located in a prime commercial corridor, this commercial mixed-use building is perfect for an owner-user or an investment opportunity. 2,800 SF (2 floors) of finished, commercial space, fully equipped with a camera system, cable, internet & a fire suppression system. The commercial space features a two-zoned HVAC which was installed in 2020 and there is 2-car parking in the back. Currently vacant, the space can be rented for $1,800 - $2,000 a month. On the second floor, you will find a completely renovated 2 bedroom apartment, currently rented out at $1,400 a month. This area has high-foot traffic with potential for many types of businesses to thrive.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric, Central
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871564620
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Lina Balanta • Giraldo Real Estate Group
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