3900 Terrace St

Estimated Monthly Payment: $4,242/mo 3900 Terrace St, Philadelphia, PA 19128 MLS# PAPH862702 Commercial Sale Listing Status: ACTIVE UNDER CONTRACT
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REMARKS:

Fabulous and rare INVESTMENT OPPORTUNITY with this 7 unit apt. building with 4 parking spots in the heart of Manayunk. The property consists of a mix of small, medium, and large 1 bedroom apartments and one 2 bedroom apartment. Fully rented, and expertly managed for many years, this property is a TURN-KEY operation! Most leases are annual, just a few exceptions for shorter terms where it works out to the benefit of the landlord. All units are updated and well maintained, utilities are separated and paid by tenants, including heat, electricity, air conditioning, and hot water. The only utilities paid by Landlord is water (approx. $125-175 per month), common area electricity (approx. $30-40 per month), and an annual trash collection fee ($300/yr). Free laundry facility (2 washers and 2 dryers) is located in the basement. Practically no vacancies ever, as apartments rent quickly and to well qualified tenants. This is currently a no-pet building. A similar property is also listed at 150 Sumac St, for details see MLS#: PAPH862888 .

OVERVIEW:

Commercial Sale
ACTIVE UNDER CONTRACT
BRIGHT
Manayunk
1900
0.08
3520
Stone
Flat
Assigned, Parking Fee, Unpaved
Black Top
Forced Air
Natural Gas, Electric
Central A/C, Zoned
Public
Public Septic
Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

FEATURES:

Smoke Detector, Fire Detection System
Hardwood, Carpet, Tile/Brick

FINANCIAL:

759900
9317
9317

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of BHHS Fox & Roach-Blue Bell

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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