Listed by Elisavet Antonouli of Realty Mark Cityscape-Huntingdon Valley
I am pleased to present an investment opportunity in a rising neighborhood in Northwest Philadelphia. This mixed-use building is ideal for an investor looking for rental income or an owner-operator for the commercial space. Property Highlights: - Location: Situated on a high-traffic artery. - Layout & Income: Features a first-floor barber shop currently rented for $1,350/month and a two-bedroom apartment rented month-to-month for $1,050/month. Both rents are below market rate. - Inclusions: All barber shop equipment is included in the sale. - Financials: Gross yearly rental income is $28,800 with an approximate 7% CAP rate. Expenses are limited to real estate taxes, insurance, and maintenance. The listing price is excellent. Additionally, the seller is offering financing to a qualified buyer with a $100,000 down payment. Please let me know if you would like to receive more details or schedule a viewing.

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