Property Listing No Longer Available for Sale

3415 Kensington Avenue, Philadelphia, PA

Others for Sale - $239,900


Property Info

CIMLS#1093186
Location
  3415 Kensington Avenue
  Philadelphia PA 19134
UpdatedOctober 16th, 2021
TypeOthers
Price$239,900

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!


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