Description

Incredible opportunity to own this CORNER COMMERCIAL MIXED USE property in Glenwood neighborhood, section of North Philadelphia. This is a TURNKEY TRIPLEX as it was renovated recently. Add this INCOME PRODUCING triplex to your portfolio and get ready to receive the passive income. This could be an excellent OWNER OCCUPIED scenario as the 3rd floor tenant is moving. There are so many benefits to become an owner occupant. Live in one and let the Tenants pay for your mortgage! This is a beautiful, quiet block in Glenwood. Yet you are only 15 minutes drive into Center City, and 4 minutes drive into Temple University. This is truly a hidden gem; invest in the right location and wait for the area to grow, this building is it! Unit 1: Commercial space on the main level is a daycare with one year lease, paying $1,100 a month. Nice, straight through, large space with one half bath for the children and staffs to use with access to the basement. Unit 2: 2 bedrooms, 1 full bathroom, 1 kitchen, huge balcony with brand new fences. Tenants just moved put for easier showings. Unit 3: 2 bedrooms, 1 full bathroom, 1 kitchen, nice sized balcony with brand new fences. Tenants just moved out for easier showings and higher rents potential. This is a perfect opportunity for the OWNER OCCUPIED SITUATION. Utilities; All electric, 3 meters, 1 house meter. Owner pays for water. Key Mentions: Turnkey, just gotta paint and deep clean, and lease for higher income. Newer roof was installed last year. Newer furnace unit. Brand new balcony fences were installed about 4 months ago (per seller). Separate entrances for residential apartments. Correct zoning. Income producing, close to major locations.