1501-1503 S 8TH ST STREET Philadelphia, PA 19147
1,307 Sq. Ft., 0.03 acres lot size / Mixed Use
Status: Sold
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Excellent commercial investment opportunity! Two buildings sold as a pair! 1501 S 8th includes a first floor currently leased by a well respected long-term tenant: the famous Cosmi's Deli founded in 1932. The currently leased 3-bedroom apartment above includes a generous size living room, eat-in kitchen, wood floors, spacious bedrooms and closets. 1503 S 8th is a 2 bedroom single family home, currently rented. 1st floor has a living room, an open concept kitchen, 2nd floor has two bedrooms, one being utilized as a home office. Brand new Firestone rubber roof recently put on 1501 S 8th street ($5500 value), with a transferrable warranty! Located in popular Bella Vista, this central location is extremely walkable with great foot traffic and easily rentable. Gross annual income is $53,145. Tenants pay utilities, Commercial tenant pays utilities, U&O, and pro rated real estate taxes too. Business on the 1st floor of 1501 is NOT included in the sale, just the building. Strong rents, great location, prime opportunity for the savvy investor!
property details
Type
Mixed Use
Status
Closed
County
PHILADELPHIA
Year Built
1920
Lot Size
1,307 Sq. Ft.
Listing Id
PAPH1021616
Courtesy Of
Gregory Damis - BHHS Fox & Roach-Center City Walnut teamdamis@gmail.com
List Office Phone
+1 (215) 627-6005
Subdivision
BELLA VISTA
Utility & Building Info
Sewer
Public Sewer
Cooling
Window Unit(s)
Water Source
Public
Heating
Gas Heat
Hot Water
Hot Water
Tax Amount
3489
Price Per Sq Ft
$171
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
03/14/2022
03/14/2022
|
Pending |
$549,800
|
Bright MLS (MDBMLS-R) |
|
10/28/2021
10/28/2021
|
Active |
$549,800
|
Bright MLS (MDBMLS-R) |
|
07/08/2021
07/08/2021
|
Active |
$589,000
|
Bright MLS (MDBMLS-R) |
|
05/25/2021
05/25/2021
|
Active |
$599,000
|
Bright MLS (MDBMLS-R) |
View More
Market Trends
Source: LiveBy
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