6518-6522 Lebanon Ave - Office/Residential FOR SALE


Philadelphia, PA 19151- Overbrook
$1,250,000 USD
267-408-6671
6518-6522 Lebanon Ave, Philadelphia, PA for Sale
$1,250,000 USD
Office/Residential - FOR SALE
1/11
null | 7.84% Cap Rate

6518-6522 Lebanon Ave
Philadelphia, PA 19151
Overbrook


OVERVIEW

3 adjacent buildings on same Deed 6518-6520-6522 Lebanon Ave is a Turnkey 8-Unit Cash Cow delivering Powerful 7.4% Cap Rate with room to increase. **Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 7.4% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

7.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CMX2

APN/PARCEL ID

344048205

ASK ABOUT THIS PROPERTY

Alexander MolinskiElite Realty GroupMore Info
267-408-6671

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Alexander MolinskiElite Realty GroupMore Info
267-408-6671

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