446-448 S 52nd St
Philadelphia, PA 19143
Cobbs Creek
HIGHLIGHTS
- The property was recently renovated featuring new kitchens, bathrooms, flooring, and systems
- Being offered at a 9.5% Cap rate the site presents a great opportunity for an array of investors.
- West Philadelphia stretches from the western edge of the city along the Schuylkill River
- The neighborhood has amazing access tp public transportation allowing residents to easily commute to and from center city
- Cobbs Creek is a vibrant neighborhood located in West Philadelphia that provides a perfect blend of tranquility, cultural diversity.
- Located along the bustling corridor of 52nd and Cedar Streets, Cobbs Creek is home to an array of restaurants, shops, and local businesses.
OVERVIEW
446-48 S. 52nd St. is an excellent, stabilized investment opportunity. This corner mixed-use property features (1) commercial space, (2) 2 bed/ 1 bath units, and (2) 3 bed/ 1 bath units. The property was recently renovated featuring new kitchens, bathrooms, flooring, and systems. All units are self-contained. Being offered at a 9.5% Cap rate the site presents a great opportunity for an array of investors.
FOR SALE DETAILS
PRICE
$975,000 USD
PRICE/SF
$286 USD /SF
# OF UNITS
5
PRICE/UNIT
$195,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1925
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,033 SF
ZONING
CMX-2
APN/PARCEL ID
871254750
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