3074 KENSINGTON AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19134
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID PAPH2442030
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,383
Tax Year 2024
Lot Size 1,056 Sqft
Acres 0.02
Lot Dimensions 16.00 x 66.00
Property Sub-Type Retail
Property Description
Great Investment opportunity with a 3 story 2 unit building zoned commercial mixed use CMX2.5
All units are occupied bringing in approx $2,400 each month and at this price a CAP RATE of approx 12%
The area is changing for the good and new construction is starting to pop up in the immediate area and soon most of the Av will be fully developed.
1st floor office/commercial space $1100 on a 1 year lease
2nd & 3rd Floors are a Bi-Level 4 bedroom 1.5 bathroom apartment with access on Clearfield St
We require 48 hour notice for all showings.
Could also be sold as part of a package with the two properties below which are also on the MLS.
2952 Kensington Av has 3 units all occupied $199,700
3532 Kensington Av has 4 units all occupied $275K
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX25
Interior
Hot Water Electric
Heating Radiator
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871544240
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,FHA,Conventional,PHFA,VA,USDA
Listing Terms Cash,FHA,Conventional,PHFA,VA,USDA
Financing Cash,FHA,Conventional,PHFA,VA,USDA
Special Listing Condition Standard