For Sale

Photo of 1717 South Street, Philadelphia PA
1717 South Street
Graduate Hospital
Philadelphia, PA 19146
Bedrooms
4
Full Baths
5
Partial Baths
1
Acres
0.03
Interior Sq Ft
2,633
Age
106
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2021)
6,901
Additional Details Below

Description

When opportunity knocks! This property, which spans from 1717 South Street to 1714 Rodman Street is the opportunity of a lifetime! So many options available. There is an approximately 1000 square foot storefront with access to the basement, and with all newer systems and a private office and bathroom on bustling South Street. This was previously rented at $3,200.00/ month. There is also a bilevel 3 bedroom, 3 bathroom apartment with interior access to the roof, perfect for a deck upgrade, in good shape that needs minor cosmetics, but it is in a Stellar location, and could command huge rents. This unit was previously rented at $2,500.00/ month but could easily rent with minor changes at $3,200.00-$3,600.00/ month. So the Topper on the Cake is that their is an additional 1 bedroom, 1.5 bathroom completely rehabbed, separate house facing gorgeous Rodman Street that is included in the sales price, which was previously rented for $1,900.00/ month. Yes, for the price you would normally pay just for a South Street storefront, You get an additional $450,000.00 townhouse included. Both these properties are on the same deed and the seller, not living locally, is not going to separate them. Just consider the numbers and options. Acquire and keep together and enjoy a nice 9.5% cap rate in Center City, or separate the addresses and sell off the parts, or not. Either way, this is a Win, Win situation!! Make your move today!

Location

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Details

Style
Straight-Through
Basement
Unfinished, Masonry Floor
Air Conditioning
Central Air
Heating
Forced Air
Hot Water
Natural Gas
Assessment : 493,000
Zoning Designation CMX2
Lattitude : 39.944466
Longitude : -75.170914
EveryHome Number : PAPH996298-10315
Listing Courtesy: Keller Williams Philly

Notes

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