6320 Rising Sun Ave,PHILADELPHIA, PA 19111
PHILADELPHIA, PA 19111
Description
Being sold as-is ONLY. Price DROP!!Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now. Lower level unit has 2 bedrooms with a full-bath and kitchen. First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well. Second Floor has 2 bedrooms, 1 kitchen (gas stove) and a full bathroom. Lower level has separate entrance. Main floor has one entrance that breaks off into 2 entrances at the foyer. Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net) Come check it out and put your money to work for you!
Details
| MLS # | PAPH2495072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1950 |
| Days On Site | 29 |
| Listing Provided By | Realty Mark Associates | Bosam A Cheung |
Features
| Units | 3 |
|---|---|
| Zoning | MIXED USE |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3326 |
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19111 |
| Area | 19111 (19111) |
| School District | PHILADELPHIA CITY |
