150 Sumac St

Estimated Monthly Payment: $3,330/mo 150 Sumac St, Philadelphia, PA 19128 MLS# PAPH862888 Commercial Sale Listing Status: ACTIVE UNDER CONTRACT

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REMARKS:

Fabulous and rare INVESTMENT OPPORTUNITY in this beautiful, stone, 6 apt. unit building, complete with outdoor space and a deck. This magnificent architectural piece is located just steps from the train station and other public transportation, and just minutes from Jefferson University, Manayunk, the bike and walk trails of the Wissahickon Park, as well as Center City. The property consists of a mix of small, medium, and large 1 bedroom apartments. Fully rented, and expertly managed for many years, this property is a TURN-KEY operation! Most leases are annual, just a few exceptions for shorter terms where it works out to the benefit of the landlord. All units are updated and well maintained, utilities are separated and paid by tenants, including heat, electricity, air conditioning, and hot water. The only utilities paid by Landlord is water (approx. $125-175 per month), common area electricity (approx. $30-40 per month), and $84 per month for internet for the security cameras. Free laundry facility (2 washers and 2 dryers) is located in the basement. Practically no vacancies ever, as apartments rent quickly and to well qualified tenants. A similar property is also listed at 3900 Terrace St, for details see MLS#: PAPH862702.

OVERVIEW:

Commercial Sale
ACTIVE UNDER CONTRACT
BRIGHT
Wissahickon
1940
0.11
4851
Stone
Flat
Black Top
Forced Air, Zoned
Electric, Natural Gas
Central A/C
Public
Public Sewer
Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

FEATURES:

Fire Detection System, Main Entrance Lock, Smoke Detector, Surveillance Sys
Hardwood

FINANCIAL:

625000
5753
5753

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of BHHS Fox & Roach-Blue Bell

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Benson & Mangold Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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