3
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$700,000
Est. payment /mo
3,573 Sqft Lot
Active
4363 CRESSON ST Philadelphia, PA 19127
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UPDATED:
08/25/2024 02:14 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2344738
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $3,751
Tax Year 2024
Lot Size 3,573 Sqft
Acres 0.08
Property Description
"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:
4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."
4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX25
Exterior
Water Access N
Road Frontage Boro/Township
Garage N
Building
Sewer No Septic Approved, Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 885868960
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Marc M Scott • Messa Real Estate & Insurance
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