Philadelphia, PA 19111,6423-25 RISING SUN AVE

$450,000

$599,000

24.9%
Est.Price: ?

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Est. payment /mo

0.31 Acres Lot


SOLD DATE : 12/04/2015

Key Details

Sold Price $450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Lawndale

MLS Listing ID 1002689578

Sold Date 12/04/15

HOA Y/N N

Originating Board TREND

Year Built 1987

Annual Tax Amount $49,761

Tax Year 2015

Lot Size 0.313 Acres

Acres 0.31

Lot Dimensions 84X136

Property Description

There are two buildings, 6423 and 6425 Rising Sun Ave., both rental commercial spaces, the square footage, in public records, includes both buildings and it does not include the basement, there are parking spaces for the bank in the rear, the square footage for 6423 is 4,251 and for 6425(bank) is 7,020 which includes the parking area , it is located in the area of Lawndale with plenty of businesses and a major transportation route. The current rent for 6425, bank, is $9,102.00, 6423 is owner occupied, landlord is currently responsible for all utilities, trash, cleaning and some maintenance, a new lease will be drawn up in December, 2014 for four years and the bank will be responsible for half of all expenses which includes insurance, utilities and taxes (paid 17,829.81 this year), the bank will reimburse the owner for the cleaning and trash collection.

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning CMX2

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Fireplace N

Exterior

Waterfront N

Water Access N

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882962910

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Kirk R Waechter • BHHS Fox & Roach-Center City Walnut
Bought with Kirk R Waechter • BHHS Fox & Roach-Center City Walnut
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