Part of package, additional property nearby available - Commercial 736-38 S. 8th St. (Adobe Cafe) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 763-65 S 8th St is an 8-plex (8 units) with ground floor commercial, 7 apts.… Read More and a 3-car garage at the corner of 8th & Fulton of Philadelphia, Pennsylvania. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the Italian Market. 763-65 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 3 entrances. One for the restaurant, one for 2 apts. at 765 S. 8th St. and one at the entrance on Fulton St. that houses 5 apts. Read Less
Courtesy of Lorraine Pappalardo, Mercury Real Estate Group [email protected]
Listing Snapshot
Days Online
4
Last Updated
Property Type
Mixed Use
Square Ft.
5,828
Lot Size
0.07 Acres
Year Built
1911
MLS Number
PAPH2512132
Additional Details
Building
6,000 net sqft, 5,828 total building sqft, Built in 1911, Major renovation in 2005, 8 units in building, Masonry
Cooling
Central Air, Electric, Central A/C
Heating
Natural Gas, Central
Lot
2,945 sqft, 0.07 acres, Corner
Property
View: City
Sewer
Public Sewer
Taxes
Tax Annual Amount: $15,747, Tax Year: 2025
Utilities
Hot Water: Electric
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