Back to search
704-712 S 4Th Street Philadelphia, PA $ 3,750,000
Share Save
$ 3,750,000 Get more info
704-712 S 4Th Street
$ 3,750,000
Back to search
Share Save

704-712 S 4Th Street

Philadelphia, PA, 19147
$ 3,750,000
Baths0.0 Sq 4,000

Monthly Estimate*

$ 24,924

704-712 S 4Th Street, Philadelphia, PA 19147 - Image 1
704-712 S 4Th Street, Philadelphia, PA 19147 - Image 2
704-712 S 4Th Street, Philadelphia, PA 19147 - Image 3
704-712 S 4Th Street, Philadelphia, PA 19147 - Image 4
704-712 S 4Th Street, Philadelphia, PA 19147 - Image 5
704-712 S 4Th Street, Philadelphia, PA 19147 - Image 6
Studio

Commercial Property for sale in Philadelphia, PA

for $3,750,000. This 4,000 square foot building was built in 1915 on a lot size of 0.13.

Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.

See more
Commercial Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,741

Style

General Retail

Lot Size

0.13

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2329140
Features
Interior
Heating Fuel Natural Gas
Hot Water 60+ Gallon Tank Instant Hot Water
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
See more
General
Sewer Public Sewer
Heating Central Forced Air
Cooling Central A/C Window Unit(s)
Possession 0-30 Days CD
Zoning CMX2
Construction Materials Masonry
Year Built 1915
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Gross Income 305723.00
Business Type Other/General Retail
Accessibility None
County PHILADELPHIA
Net Operating Income 244205.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 4th & Bainbridge
City PHILADELPHIA
Buyer Agent Compensation 2
Total Units 13
MLS Area 19147 (19147)
Lot Size Square Feet 5780.00
Waterfront Y/N N
Street Name 4TH
Tax Annual Amount 5741.0
Price Per Sq Ft Total 330.86
Vacation Rental Y/N N
Days on Market 74
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 305723.00
Cap Rate 7.00
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Water Source Public
Type of Parking Private Garage
Water View Y/N N
Building Area Total 11334.00
Lot Dimensions 80.00 x 80.00
Lot Size Acres 0.13
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 82040.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 704
See more
* Excluded Features
List By
Tesla Realty Group, Llc

Broker

mayhhui@gmail.com

Email

Affordability Calculator

$25,402
Per Month
98%
2%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2024$3,750,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

704-712 S 4Th Street, Philadelphia, PA, 19147 is a Commercial Property for sale at $3,750,000 with 4,000 sqft and a lot size of 0.13. 704-712 S 4Th Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 19147 which is in Philadelphia, PA

Get more info