Philadelphia, PA 19135,6702 TORRESDALE AVE
Philadelphia, PA 19135,6702 TORRESDALE AVE
Philadelphia, PA 19135,6702 TORRESDALE AVE
Philadelphia, PA 19135,6702 TORRESDALE AVE
Philadelphia, PA 19135,6702 TORRESDALE AVE
Philadelphia, PA 19135,6702 TORRESDALE AVE
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$350,000

$350,000

Est.Price: ?

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Est. payment /mo

2,495 SqFt


SOLD DATE : 10/28/2021

Key Details

Sold Price $350,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,495 sqft

Price per Sqft $140

Subdivision Tacony

MLS Listing ID PAPH2012344

Sold Date 10/28/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $2,650

Tax Year 2021

Lot Size 2,425 Sqft

Acres 0.06

Lot Dimensions 25.00 x 97.00

Property Description

This is a great opportunity to own a successful, profitable business or a commercial mixed use property that has 2 residential family units. This building has great value being sold as is & you can either take over the profitable pizza business, convert it to a business of your choosing or lease it out for $1800 a month. This building also has 2 family dwellings, the 1st unit is a spacious 2 bedroom & the 2nd unit is a 1 bedroom that together can bring in an additional $1,800 a month. This is a great investment property located on a popular street in Northeast Philadelphia that can bring in up to $3,600 a month in passive income. The cap rate for this property is 11.2%. The seller is also willing to just sell the business for 125k or sell the whole building. This is truly a unique opportunity that does not come around often. Bravos Pizza is an extremally successful, profitable business that has been serving the community great food for years & you can be the next owner! Schedule your showing today if your serious about making some dough!

Location

State PA

County Philadelphia

Area 19135 (19135)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air, Radiant

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Waterfront N

Water Access N

Accessibility Level Entry - Main

Parking Type On Street

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871193950

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, Private, Other, Negotiable

Listing Terms Cash, Conventional, FHA, Private, Other, Negotiable

Financing Cash,Conventional,FHA,Private,Other,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James Gale • Realty Mark Cityscape
Bought with Shu Shu • BHHS Fox & Roach-Bryn Mawr
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