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736 S 8TH STREET
PHILADELPHIA PA 19147 US

$2,499,000

Active Listing ID PAPH2418372
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$2,499,000

Active Listing ID PAPH2418372
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736 S 8TH STREET 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 & 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2499000
  • unparsedaddress: 736 S 8TH STREET
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19147
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.94046
  • longitude: -75.1561
  • listagentfullname: Lorraine Pappalardo
  • listagentemail: lorpappalardo@gmail.com
  • listagentkey: 3yd-TRENDPA-3166385
  • listagentmlsid: 3166385
  • listagentpreferredphone: 2154625100
  • listagentofficephone: 2154625100
  • listofficekey: 3yd-TRENDPA-MERCURY1
  • listofficemlsid: MERCURY1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1900
  • listingcontractdate: 2024-11-08
  • listagenturl: http://www.mercuryrealestategroup.com
  • countyorparish: PHILADELPHIA
  • cooling: Central A/C
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.1561, 39.94046
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Mercury Property Management", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lorpappalardo@gmail.com", "ListBrokerageCity":"Philadelphia", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cristinzioj@aol.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/4ff50d11e8e811deaf8500065bf395fa/20091215143528419.gif", "ListBrokerageName":"Mercury Property Management", "ListBrokeragePhone":"(215) 462-5100", "ListBrokeragePostalCode":"19148", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1328 West Shunk Street", "ListBrokerageWebsiteUrl":"http://www.mercuryrealestategroup.com", "ListOfficeAddress1":"1328 Shunk STREET W", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Philadelphia", "ListOfficeCountry":"US", "ListOfficeEmail":"cristinzioj@aol.com", "ListOfficePostalCode":"19148", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - PHILADELPHIA, PA", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PAPH2418372/?channel=rexren", "MLSModificationTimestamp":"2024-11-08T13:59:21Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24282, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:12:58 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Lorraine Pappalardo, Mercury Real Estate Group, lorpappalardo@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.