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David Werfel

david@davidwerfel.com +1(703) 932-1576

Listed by Eric Land • KW Empower

$700,000

Est. payment - /mo

3,265 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,265 sqft

Price per Sqft $214

MLS Listing ID PAPH2529264

Year Built 1920

Annual Tax Amount $1,130

Tax Year 2025

Lot Size 3,265 Sqft

Acres 0.07

Lot Dimensions 36.00 x 90.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

866-70 N 44th St, Philadelphia, PA. Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2x commercial 1st floor units and 4x residential units), grossing $6,505/month in rent income: 868 N 44th St ($1,410/month, commercial with private entrance) | 870 N 44th St Unit 1($1,390/month) | Unit 2 ($915/month) | Unit 3($915/month) | Unit 4 ($900/month) | Unit 5 ($945/month). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and all residential units have in-unit laundry, with off-stret parking in the rear. Building is fully sprinklered with fire alarm panel. Private trash and parking at 866 N 44th St, a separate 1,360 sq ft CMX-2 lot that is included with this sale. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,131/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. 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. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of 868 N 44th St (commercial unit) are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871510775

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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David Werfel

+1(703) 932-1576

Broker Associate | License ID: 0225021819

Broker Associate License ID: 0225021819

868-70 N 44TH ST Philadelphia, PA 19104

David Werfel

Key Details

Location

Interior

Exterior

Building

Schools

Others

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868-70 N 44TH ST