2600 E Somerset St - Multi-Family FOR SALE


Philadelphia, PA 19134- Port Richmond
$775,000 USD
267-546-1718
2600 E Somerset St, Philadelphia, PA for Sale
$775,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

2600 E Somerset St
Philadelphia, PA 19134
Port Richmond


OVERVIEW

MPN Realty, Inc. is pleased to present the sale of 2600 E Somerset St., a corner mixed-use property in the heart of Port Richmond. The site consists of (1) commercial space that is currently leased to an ice cream shop and (4) apartments. The property was renovated in 2020 featuring new systems, kitchens, bathrooms, and flooring. All residential units have a private entrance off of Almond S t., entering directly into the unit. This is a fantastic investment opportunity in a rapidly growing neighborhood. Port Richmond is a stable Philadelphia neighborhood. Historically home to many blue-collar families, and a bustling commercial corridor along Aramingo Ave., which is home to many national retail tenants. Located right off of I-95, the site is conveniently located with easy access to Center City.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

1

PRICE/UNIT

$775,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,518 SF

ZONING

CMX1

APN/PARCEL ID

871530810

ASK ABOUT THIS PROPERTY

Nadia BilynskyMPN RealtyMore Info
267-546-1718

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Nadia BilynskyMPN RealtyMore Info
267-546-1718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.