3115 Kensington Avenue, Philadelphia, PA
Others for Sale - $239,900
Property Info
CIMLS# | 1085268 |
Location 3115 Kensington Avenue Philadelphia PA 19134 | |
Updated | October 16th, 2021 |
Type | Others |
Price | $239,900 |
Property Description
3115 Kensington Ave is a Great Investment with 4 units and a potential of $2750+ per month or you can choose not to Lease the Commercial Unit, Collect $2,000 a month or more in rent on the other units and Run Your Own Business on the First Floor of this CMX-2 Zoned property. Property taxes that were only $816 for all of 2020. First floor of this Mixed Use Property features a 1,236 Sq ft Commercial Storefront that is ready to Lease out and features a New HVAC system , Exposed Brick Look ,New Front Window and Doors for the Business and Apt installed and so much more. Currently Vacant but is expected to be rented for $850 or more depending on fit out. We have rejected offers to lease it so we do not bind a new owner up. Act Fast!. The Property has 3 Rental Units above the first floor including : -Apartment #1: A 550 Sq ft 1 Bedroom Unit. Intentionally left Vacant but is expected to be rented for $600 per month. -Apartment #2: A 420 Sq ft Studio Unit with a Grey Cabinet and Granite Countered Kitchen and Intentionally left Vacant for new owner but is expected to be rented for $600 per month.. -Apartment # 3: A Nice 450 Sq ft 1 Bedroom Jr Unit Currently rented for$700 per month until 10/31/2021 This is a Great Investment Opportunity to get your money out of the Stock Market or Diversify. It could save a Business owner a lot by using this great location to keep a low overhead while renting the units above. Let's talk! Looking For Even More? Ask about our other Investment Opportunities!