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313-317 South 60th Street

Philadelphia , Pennsylvania 19143

Listing Type:
For Sale
Listing Price:
$1,200,000.00
Property Type:
Multi-Family
Property Subtype:
Mid-Rise
Year Built:
1979
Listing Status:
Active
Building Size:
13304 SqFt
Land Area:
0.14 Acres

Description:

KW Commercial is pleased to exclusively present for sale 60th Street Commons. This Value Add 15 Unit Mixed-Use Property is located at 60th and Spruce Streets in West Philadelphia. The subject property is a 100% occupied fully-stabilized Mixed-Use Investment Property with the ability to increase rents and add value. 60th Street Commons consists of twelve apartment units averaging 750 SF each and 3 street level retail spaces which are 1,362 SF each. All 12 apartment units were renovated and updated back in 2016 and historically remain fully occupied. All units have separately metered electric. Individual electric hot water heaters in each unit, electric baseboard heat and electric stoves. Some tenants have window A/C units. Unit mix is 9 one bedroom units, 3 two bedroom units, and 3 commercial units. The 3 commercial spaces are occupied by a long term Ministry, a Daycare, and a clothing store.
Turnkey Mixed-Use Investment Opportunity
All units fully renovated in 2016
All units seperately metered for electric

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Crownstone Investment Group

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