$407,000
$450,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
5516 RISING SUN AVE Philadelphia, PA 19120
2,800 SqFt
Key Details
Sold Price $407,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $145
Subdivision Rising Sun
MLS Listing ID PAPH2264806
Sold Date 10/31/23
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,087
Tax Year 2023
Lot Size 1,598 Sqft
Acres 0.04
Lot Dimensions 20.00 x 80.00
Property Description
Located in a prime commercial corridor, this commercial mixed-use building is perfect for an owner-user or an investment opportunity. 2,800 SF (2 floors) of finished, commercial space, fully equipped with a camera system, cable, internet & a fire suppression system. The commercial space features a two-zoned HVAC which was installed in 2020 and there is 2-car parking in the back. Currently vacant, the space can be rented for $1,800 - $2,000 a month. On the second floor, you will find a completely renovated 2 bedroom apartment, currently rented out at $1,400 a month. This area has high-foot traffic with potential for many types of businesses to thrive.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric, Central
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Driveway
Total Parking Spaces 2
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871564620
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Lina Balanta • Giraldo Real Estate Group