Photo of 1622 E Passyunk Avenue, Philadelphia PA
     
1622 E Passyunk Avenue
Passyunk Square
Philadelphia, PA 19148
19148 South Philadelphia Pennsport
The School District Of Philadelphia
Philadelphia County
Asking Price$769,900
# of Units4
1 Bdrm Units1
2 Bdrm Units2
Acres0.03
Interior SqFt2,484
Age110
HeatingNatural Gas
CoolingWall Unit
WaterPublic
SewerPublic
Garages0
Taxes (2024)7,455

Description
Amazing opportunity for an income producing multi unit building currently grossing roughly $50K (@5% Cap Rate) located in the heart of East Passyunk Ave! You cant go wrong with lots of sweat equity and potential for increased rents. On the Ave and centrally located to the singing fountain, Broad St Subway line and surrounded by restaurants, cafes, bars, shopping and much more. This property has all separate utilities and a functional layout! 1st flr. is tenant occupied thru 3/26 with private access to the rear yard and basement (w/ washer/dryer). Features a spacious living room and kitchen area with 1 large bedroom with walk-in closet and 1 hallway bathroom. 2nd flr. is occupied on month-month with 2 bedroom sand 1 bath. 3rd flr. will be vacant 8/1 with 2 Bedrooms, 1 Bathroom and balcony with amazing views.

Room Sizes

Location


Driving Directions
On East Passyunk between Tasker & Morris

Details
Architectural Type - Straight Thru
Basement - Brick/Mortar
Exterior Features - Masonry
Cooling - Wall Unit, Electric
Heating - Baseboard - Hot Water, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.929432
Longitude : -75.164261
EveryHome Number : APH251-50722
Listing Courtesy Alpha Realty Group
Zoning Designation CMX25