1952 N 24TH ST, Philadelphia, PA 19121

Property Description

This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.

Listing Status:

Active

Listing Office:

Penn Liberty Real Estate : 2159227900

Listing Agent:

Ramon D Caceres Jr. : 2159227900

MLS ID:

PAPH2556308

Interior

• Flooring: Luxury vinyl plank
• A/C: Central A/C
• Heating: 90% Forced AirNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• Parking: Public

Construction

• Roofing: Flat
• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: Philadelphia City
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX1322152100

Utilities

• Utilities: Electric availableNatural gas availableSewer available100 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Ramon D Caceres Jr., Penn Liberty Real Estate