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    3415 Kensington Avenue

    PHILADELPHIA, PA 19134
    • $468,000
    • STATUS: Active
    • ON SITE: 235 days
    • ID#: PAPH966098
    UPDATED: 35 min ago
    $468,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    This Amazing Updated Corner, Mixed Use Property is a Combined Property of 3415 Kensington Ave which is a 2 story Building and 3417 Kensington Ave which is a 3 story Building AKA 3415-17 Kensington Ave. The Asking Price for both of these remodeled CMX-2 buildings which are Totaling over 5,260 Interior Square Feet is only $478,000. The combined property taxes for 2020 were only $2,200 . All Units are Fully Leased Out for a Combined Rent Roll of $4,863.66 Per Month / $58,000+ PER YEAR and with this property you have potential for more income as some units are rented under the current market rent levels. The Five Upgraded Units are: - 1st Floor Commercial Unit: A 2,000 Sq ft Unit Encompassing the 1st Floor of Both Addresses with New Roof, New Windows, New Electric, New Plumbing, New HVACs and More including a Ramp for Access to the Building. That unit is Currently Leased for $1,666.66 Per Month. Ist Floor Tenant was given a lease agreement where the payments start at a later date. The Properties also have 4 Rental Units above the first floor including : -Unit 1: A 800 Sq ft Remodeled 1 Bedroom with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $850 per month. -Unit 2: A 700 Sq ft Remodeled 1 Bedroom with with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $775 per month. -Unit 3: A Nice 700 Sq ft 1 Bedroom Currently rented under market rents at $670 per month. -Unit 4 : Largest of the Apartments with 1,080 Sq ft and 3 Bedrooms and 2 Baths and Currently rented under market rent levels at $902 per month. Invest in this with multiple rented units to save time, money and effort. Call Today!

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    ©2021 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 Iron Valley Real Estate of Central PA. 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: 2021-07-25T16:53:00.033.
    www.homesalesinyourarea.com/homes/112291796
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    3415 Kensington Avenue PHILADELPHIA, PA 19134

    • Price: $468,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: PAPH966098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    1915
    Built
    Neighborhood:
    19134 (19134)
    County:
    Philadelphia
    Area:
    19134 (19134)
    School District:
    The School District Of Philadelphia
    Property Description
    This Amazing Updated Corner, Mixed Use Property is a Combined Property of 3415 Kensington Ave which is a 2 story Building and 3417 Kensington Ave which is a 3 story Building AKA 3415-17 Kensington Ave. The Asking Price for both of these remodeled CMX-2 buildings which are Totaling over 5,260 Interior Square Feet is only $478,000. The combined property taxes for 2020 were only $2,200 . All Units are Fully Leased Out for a Combined Rent Roll of $4,863.66 Per Month / $58,000+ PER YEAR and with this property you have potential for more income as some units are rented under the current market rent levels. The Five Upgraded Units are: - 1st Floor Commercial Unit: A 2,000 Sq ft Unit Encompassing the 1st Floor of Both Addresses with New Roof, New Windows, New Electric, New Plumbing, New HVACs and More including a Ramp for Access to the Building. That unit is Currently Leased for $1,666.66 Per Month. Ist Floor Tenant was given a lease agreement where the payments start at a later date. The Properties also have 4 Rental Units above the first floor including : -Unit 1: A 800 Sq ft Remodeled 1 Bedroom with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $850 per month. -Unit 2: A 700 Sq ft Remodeled 1 Bedroom with with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $775 per month. -Unit 3: A Nice 700 Sq ft 1 Bedroom Currently rented under market rents at $670 per month. -Unit 4 : Largest of the Apartments with 1,080 Sq ft and 3 Bedrooms and 2 Baths and Currently rented under market rent levels at $902 per month. Invest in this with multiple rented units to save time, money and effort. Call Today!
    Exterior Features

    Construction Materials Masonry Garage YN No Location Type Corner Lot/Unit Lot Features Corner Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 1823.00 Cooling None Exclusions Tenant's Personal Belongings Heating Baseboard - Electric Heating YN Yes Net Square Feet 5280.00

    Property Features

    Accessibility Features 32"+ Wide DoorsRamp - Main Level Assessment Year 2021 Association YN No Business Type Other Central Air YN No Cooling Fuel None Cross Street E Ontario St Entry Level 1 Gross Income 4863.66 Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 304405123927 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 715.00 Tax Assessment Amount 51100.00 Tax Lot 132 Total Actual Rent 58363.92 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Coldwell Banker Hearthside Realtors.


    ©2021 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 Iron Valley Real Estate of Central PA. 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: 2021-07-25T16:53:00.033.
     
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    4785 Linglestown Rd #101
    Harrisburg PA, 17112