If you are looking for an easy investment without the headaches of doing repairs, remodeling and trying to find tenants, than here it is! With 3 stories and over 3,000 square feet this commercial/mixed use property is for you. Both units are occupied and tenants would like to stay. Utilities are separately metered. Currently the building is bringing in a net income of nearly 25k a year.With market rent for the apartment, the building could produce about a 7.5% return on investment. If you have a different vision for this property’s use, don’t fear, there are no lengthy leases in place. This could be a great place to live and run a business or whatever you choose to do. The street has a high traffic count and the lot can accommodate 12 vehicle parking.Starting with the first floor, we have an upscale working salon with reception and waiting area, multiple stations, therapy rooms, office, powder room and galley style kitchenette. There is also another office in the basement which happens to be dry and kept neat along with the utilities and storage area. For additional storage there is a shed in the back of the parking lot.The 2nd floor, 3 bedroom apartment is accessed from the rear staircase, which brings you to a large rear deck. There are two glass doors that lead you to the living room with a gas fireplace and sizable modern kitchen along with powder room.The third floor has a full bathroom nestled between the bedrooms that have vaulted ceilings and skylights.Everything is up to code as the fire Marshall recently did an inspection.Property has been kept in great condition. Buy with confidence!
Listing Courtesy of BRIGHT IDX / Coldwell Banker Realty / Mark Burkert
$415,000
Philadelphia Area Townhome
Pending
3926 Manayunk Avenue Philadelphia, PA 19128
3 Bed
3 Baths
1665 sqft
MLS# PAPH2421718
Welcome to this stunning 3 bedroom, 3 bath townhome in Manayunk This home has so much to offer! It has been remodeled over the years which has taken it to its contemporary form.The long time owners have taken great care with all of the appointments from the design of the alcoves, custom made radiator covers, vaulted ceilings, crown molding and recessed lighting, that are especially apparent in the living room and dining room areas. Moving on to the modern kitchen there are carefully selected quartz counter top, shaker style cabinets with soft close doors. There is glass tile backsplash and recessed shelving under the counter area too. From there you can enjoy your morning coffee or tea on the balcony with views of Manayunk and Bala Cynwd. You are also greeted by a rare, mature dawn redwood tree along with a red maple. To get a closer look, walk downstairs on the hardwood floors past a family room, full bathroom, workshop, storage, utility and workout area to the backyard oasis where you are ensconced in nature. It gets better! The second floor has two bedrooms and updated bathroom and if you desire a 2nd story laundry area, there is a panel that allows for water hookup for a washer and there is a gas line and exhaust for the dryer. The thirds story, we call the master suite, where there is a sitting room, pocket doors built in the bedroom and in the sizable bathroom. There are also 2 cedar closets on this floor. This home is move in ready! Buy with confidence! Walkable to everything Manayunk has to offer, from shopping, restaurants, entertainment, schools, healthcare, nature, public transportation and more! Make your appointment today. It won’t last!
Listing Courtesy of BRIGHT IDX / Coldwell Banker Realty / Mark Burkert
