1016 Cottman Ave , Philadelphia is a $1,680,000 home on a 0.20 acre lot located in Philadelphia, PA.
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
| Has Basement? | Yes |
| Basement | Front Entrance Basement - Yes |
| Appliances | Hot Water - Natural Gas |
| Interior Features | Accessibility Features - 32 Inches+ Wide Doors |
| Cooling Types | Central A/C Cooling Fuel - Electric Central Air - Yes |
| Heating Types | 90% Forced Air Heating Fuel - Natural Gas Heating - Yes |
| Parking Types | Parking Type - Lot |
| Exterior Features | Other Structures - Above Grade Other Structures - Below Grade Owner Pays - Insurance Owner Pays - Repairs Owner Pays - Taxes - Real Estate Operating Expense Includes - Insurance Income Includes - Apartment Rentals Income Includes - Shop Rentals No Pool |
| Construction Types | Masonry |
| Water Source | Owner Pays - Water Public |
| Sewer | Owner Pays - Snow Removal Public Sewer |
| Attribution Contact | (215) 904-7508 |
| Property Type | Multi-Family |
| Property Sub Type | Other |
| Style | Contemporary Standard Fee Simple Grocery/Supermarket |
| Architectural Style | Structural Design Type - Over Storefront |
| Year Built | 1950 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $6,241.00 |
| County | philadelphia |
| School District | the school district of philadelphia |
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