1. Pennsylvania
2. Philadelphia
3. 868-70 N 44TH ST

868-70 N 44TH ST, Philadelphia, PA 19104

• 4,430 sqft

Property Description

868-70 N 44th St, Philadelphia, PA – Mixed-Use 6 Unit Investment Property Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2 commercial 1st floor units and 4 residential units) with central air, that generates a strong monthly income of $6,505. Property was gut-renovated in 2018 and has a 10-year tax abatement through 2029 for incredibly low taxes. • Commercial Unit 1: $1,410/month • Commercial Unit 2: $1,390/month • Residential Unit 1: $915/month • Residential Unit 2: $915/month • Residential Unit 3: $900/month • Residential Unit 4: $945/month (starting on 9/1) All units are certified lead free, giving peace of mind for tenants and investors alike. Residential units all have in-unit laundry, solid hardwood flooring, and granite countertops. Buildings are fully sprinklered with fire alarm panel. Property has 6-car off-street parking in the rear (in addition to parking and private trash storage at 866 N 44th St), plenty of semi-private street parking in the rear parking lot, and a semi-private community garden on the block. This listing also includes the adjacent lot at 866 N 44th St. Whether you’re looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. Showings of 868 N 44th St are only allowed with a signed offer. 870 N 44th St #1 and residential units can be shown but only to qualified prospects. Strong preference will be given to Buyers with offers that include 4400 Lancaster Ave. Owner is a licensed real estate agent.

Listing Status:

Active

Listing Office:

KW Empower : 2156273500

Listing Agent:

Eric Land : 6099928248

MLS ID:

PAPH2529240

Interior

• Basement: Unfinished
• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Eric Land, KW Empower