Investor Alert - Great opportunity to own a Multi-Unit Mixed Use building in Collingdale. This deceptively large property offers 1 commercial store front, 3 One Bedroom Apartments, 1 Studio Apartment, and 6 garages. With plenty of room to grow with rental increases, this property grosses $56,100 annually and $4,675 monthly. All units have separate heating, hot water and electric service. Landlord pays cold water. Back garages are accessed from the alleyway located 3 storefronts to the left. 5 garages are equivalent to the size of a 1 car garage. 1 garage is oversized with a man door and garage door. Owner currently uses 2 of the garages but receives 125.00 per garage for the other 4. Property is being sold "as is".
Utilities: Natural Gas Available, Electric Available
Roof: Flat, Asbestos Shingle
Lot Features: Irregular
Parking: Public
Heat Type: Baseboard - Hot Water, Baseboard - Electric
Air Conditioning: None
Sewer: Public Sewer
Substructure: Brick
Financial
Sales Price: $475,000
Real Estate Tax: $8,552
Zoning: BUSINESS DISTRICT
707 MACDADE BOULEVARD
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