1963 Wakeling St, Philadelphia, PA 19124

$449,000
4
BD
2
BA
6,268
SqFt

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List Price
$449,000
Price Change
▼ $10,900 1782748750
Days on Market
242
Status
ACTIVE
MLS#
PAPH2573906
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
6,268
Lot Size (Acres)
0.25
Style
Traditional
Year Built
1945
County
Philadelphia
School District
Philadelphia City

Property Description

Mixed-use investment property featuring 36 non-climate storage units plus a 4 bed, 2 bath single-family residence, located on a 10,800 SF lot in Northeast Philadelphia. The storage units are approximately 8’ x 16’ (128 SF) and are a mix of roll-up garage doors and standard entry doors. Units are currently vacant, allowing a new owner to lease up at market rents and implement their own operating strategy. Simple, low-overhead facility with outdoor access. The single-family house is tenant-occupied providing in-place residential income. The interior condition is functional but dated and cluttered; property is being sold as-is. Additional features include a small paved area that can accommodate two parking spaces, suitable for tenant or storage use. This is a value-add opportunity for investors or owner-operators seeking a small storage facility with residential income.

Additional Information

Area
19124 (19124)
Subdivision
Wissinoming
Taxes
$4167
School District
Philadelphia City
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Trophy Commercial Real Estate LLC. Contact: 2156085745

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