868-70 N 44th St, Philadelphia, PA – Mixed-Use 6 Unit Investment Property Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2 commercial 1st floor units and 4 residential units) with central air, that generates a strong monthly income of $6,505. Property was gut-renovated in 2018 and has a 10-year tax abatement through 2029 for incredibly low taxes. The neighborhood is booming with new development with more projects planned for the future as well! • Commercial Unit 1: $1,410/month • Commercial Unit 2: $1,390/month • Residential Unit 1: $915/month • Residential Unit 2: $915/month • Residential Unit 3: $900/month • Residential Unit 4: $945/month (starting 9/1) All units are certified lead free, giving peace of mind for tenants and investors alike. Residential units all have in-unit laundry, solid hardwood flooring, and granite countertops. Buildings are fully sprinklered with fire alarm panel. Property has 6-car off-street parking in the rear (in addition to parking and private trash storage at 866 N 44th St), plenty of semi-private street parking in the rear parking lot, and a semi-private community garden on the block. This listing includes the adjacent vacant lot at 866 N 44th St. Whether you’re looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. Showings of 868 N 44th St are only allowed with a signed offer. 870 N 44th St #1 and residential units can be shown but only to qualified prospects. Strong preference will be given to Buyers with offers that include 4400 Lancaster Ave. Owner is a licensed real estate agent.

Listing courtesy of KW Empower



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.