MLS#PAPH2577628
STATUSACTIVE
PROPERTY TYPECommercial - Farm
SCHOOLPHILADELPHIA CITY
Property Description
This property includes a basement and a two-story building. The first floor has been operating as a breakfast restaurant for a long time and is currently run by the seller. It has a cooking grill and is approximately 1300 square feet. The second floor has three bedrooms, one bathroom, and a kitchen. Two of the rooms are currently rented out, one for $600 and the other for $400. The third room could also be rented for $600. The price of $279,000 is for the building only. If you want to buy the business as well, you would pay an additional $49,000. The seller wants a 10-year lease with a rent of $1500 per month if only the building is sold. This would generate approximately $37,200 in annual rent from the entire building. After deducting insurance ($3,500) and property taxes ($1,500), the net annual rent would be approximately $32,000. The first-floor restaurant space can be used for any type of restaurant, not just breakfast and lunch.
Property Features
Property Type: Commercial - Farm
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Wall Unit
Lot Size: 0.03 Acres
Taxes: $2,357
Year Built: 1945
Feature Descriptions
Accessibility: 2+ Access Exits
Days on Site: 68
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 2
Utilities: Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: PK PROPERTY INC.
Agency Phone: 2156355100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
6003 N 5th Street | MLS# PAPH2577628
This commercial property located at 6003 N 5th Street, Philadelphia, PA 19120 is currently listed for sale with an asking price of $279,000. N 5th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymarkllc.com today.