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1407-09 72ND Avenue

PHILADELPHIA, PA 19126
  • $450,000
  • STATUS: Active
  • ON SITE: 310 Days
  • ID#: PAPH2316666
UPDATED: 72 min ago
$450,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1930
County:

School Ratings & Info

Description

Here is an exceptional investment opportunity: two 3-story twin townhomes combined into one, currently operating as a global health care service. This property features 11 rooms with a total of 15 beds, all currently occupied. Each bed generates $1,500 per month, totaling $22,500 per month and $270,000 per year. The property is undergoing an expansion on the 3rd floor to add 3 more rooms, which will accommodate 9 additional beds, further increasing potential income.The building is fully carpeted and equipped with a boiler system and radiators for heating, plus window units for cooling. The first floor includes a large bathroom with 3 toilets and 1 shower, as well as a private bath for staff. The second floor has 2 full baths, and the third floor has 1 full bath. The basements of the two properties are currently separated: one side features a kitchen with a commercial refrigerator, freezer, pantry, office space for staff, and a laundry room, while the other side is semi-finished and used for storage.The property boasts a wrap-around porch on the ground level with wheelchair access, multiple exits, and a fire alarm system with wired smoke detectors. It is zoned as RSA-3, has a rental license for 9 residential units, and a Certificate of Compliance from the Department of Human Services allowing care for up to 15 patients. The buyer will need to confirm the zoning and use of the property.Located just south of Cheltenham Ave in West Oak Lane, the property benefits from a Walk Score of 78, a Transit Score of 52, and a Bike Score of 54. Nearby parks include Russel Park, Melrose Park, and Simons Playground.This property offers a lucrative investment opportunity. Buyers must have a Personal Care Home Administrator License or provide proof of enrollment in related classes. Dont miss out on this chance to acquire a high-income generating property at 1407-09 72nd Ave!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T23:51:41.363.
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1407-09 72ND Avenue PHILADELPHIA, PA 19126

  • Price: $450,000
  • Status: Active
  • On Site: 310 Days
  • Updated: 72 min ago
  • ID#: PAPH2316666
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1930
Built
Neighborhood:
West Oak Lane
County:
Philadelphia
Area:
19126 (19126)
School District:
The School District Of Philadelphia
Property Description
Here is an exceptional investment opportunity: two 3-story twin townhomes combined into one, currently operating as a global health care service. This property features 11 rooms with a total of 15 beds, all currently occupied. Each bed generates $1,500 per month, totaling $22,500 per month and $270,000 per year. The property is undergoing an expansion on the 3rd floor to add 3 more rooms, which will accommodate 9 additional beds, further increasing potential income.The building is fully carpeted and equipped with a boiler system and radiators for heating, plus window units for cooling. The first floor includes a large bathroom with 3 toilets and 1 shower, as well as a private bath for staff. The second floor has 2 full baths, and the third floor has 1 full bath. The basements of the two properties are currently separated: one side features a kitchen with a commercial refrigerator, freezer, pantry, office space for staff, and a laundry room, while the other side is semi-finished and used for storage.The property boasts a wrap-around porch on the ground level with wheelchair access, multiple exits, and a fire alarm system with wired smoke detectors. It is zoned as RSA-3, has a rental license for 9 residential units, and a Certificate of Compliance from the Department of Human Services allowing care for up to 15 patients. The buyer will need to confirm the zoning and use of the property.Located just south of Cheltenham Ave in West Oak Lane, the property benefits from a Walk Score of 78, a Transit Score of 52, and a Bike Score of 54. Nearby parks include Russel Park, Melrose Park, and Simons Playground.This property offers a lucrative investment opportunity. Buyers must have a Personal Care Home Administrator License or provide proof of enrollment in related classes. Dont miss out on this chance to acquire a high-income generating property at 1407-09 72nd Ave!
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Lot Features Rear Yard Parking Types On Street Property Condition Average View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4165.00 Cooling Window Unit(s) Heating Radiator Heating YN Yes

Property Features

Acceptable Financing CashOther Accessibility Features Doors - Swing InRamp - Main Level Central Air YN No Cooling Fuel Electric Cross Street N Broad St Current Use MixedMedical OfficesOther Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802836964508 Ownership Interest Other Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 4020.00 Tax Lot 62 Transportation Airport less than 10 milesBus Stop less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning RSA3

Listing courtesy of RE/MAX @ HOME: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T23:51:41.363.
 
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