Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 736-38 S 8th St is a 6-plex (6 units), on the corner of 8th… Read More & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is. Tenant occupied. 48hr notice. Read Less
Courtesy of Lorraine Pappalardo, Mercury Real Estate Group [email protected]
Listing Snapshot
Days Online
239
Last Updated
Property Type
Mixed Use
Square Ft.
7,776
Year Built
1900
MLS Number
PAPH2418372
Additional Details
Building
4,000 net sqft, 7,776 total building sqft, Built in 1900, 6 units in building, Masonry
Cooling
Central Air, Electric, Central A/C
Heating
Natural Gas, Central
Lot
Corner
Property
View: City, Park/Greenbelt
Sewer
Public Sewer
Taxes
Tax Annual Amount: $24,282, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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