$275,000

6047-49 Market St

PHILADELPHIA PA, 19139

Description

High return, fully leased, mixed use Building in West Philadelphia with the massive commercial space rented to an owner-operator laundromat. Enter this huge, almost 4600 square foot building and all you see is machines everywhere. It is well laid out using all space available. There is also a small store selling soap, candy, sodas and more. A convenient powder room is also contained on the 1st floor. The upper floors house 2, roomy 2-3 bedroom apartments, 1 to the owner of the laundromat, and the other apartment is rented retail for $900.00/ month. The laundromat and 1 upstairs apartment are leased for $1,100.00/ month, but it is grossly under rented. The basement has all back up laundry equipment, storage and multiple concrete columns to support all of the machinery. This is a turnkey investment with a Fantastic return needing minimal TLC. Financial details available upon request.

Details

MLS#PAPH802486
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site314

Features

SQ Feet4,566
Units2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19139
Area19139 (19139)
Listing VS Median (in 19139)
Price:
$275,000
low | high
Med:
$74,900
100% of Average
SqFt:
4,566
low | high
Med:
1,140
100% of Average
$ / SqFt:
$60
low | high
Med:
$66
40.911196172249% of Average
On Site:
314
low | high
Med:
30
100% of Average
Listing Updated: 04/06/2020
MLS Number: PAPH802486
Listing Provided By:
Michael R McCann  of  Keller Williams Philly