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Description |
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Welcome to 1602 S Broad St, a meticulously renovated mixed-use gem nestled conveniently on Broad St in Newbold. This high-end property spans over 3,800 square feet and boasts a prime location at the intersection of Broad and Tasker. The commercial unit has just been leased for a solid 5-year term to a massage therapy office at $2,300 triple net, ensuring a reliable and attractive income stream. The allure of this building is further accentuated by the expansive windows in both upstairs units, bathing the spaces in natural light and providing captivating views of Broad Street. Recently subjected to a luxurious renovation, both residential units were swiftly leased. Unit 2, a 2-bedroom, 1-bath residence, commands $1,900 per month, while Unit 3, a 2-bedroom, 2-bath, brings in $2,200 monthly. Each unit exceeds 1,000 square feet and is equipped with top-of-the-line new Bosch HVAC systems and in-unit laundry. The property's mechanicals were recently updated, contributing to its allure and ease of management. Its strategic location in the desirable Newbold neighborhood ensures tenants easy access to Philadelphia's premier attractions, complemented by the convenient proximity to the Broad Street line. Revel in the vibrant shopping scene on Passyunk Ave and relish the close proximity to downtown, offering tenants a myriad of entertainment options. With current gross rents totaling $7,600 per month. Don't let this exceptional opportunity slip away!
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Location |
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Details |
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Architectural Type - Straight Thru
Exterior Features - Masonry
Cooling - Central A/C, Natural Gas
Heating - Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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