Amazing investment opportunity in the red hot Bellwether District! Street to Street access, Two parcels that consists of .55 acre. V sign lease income of $2041.67 per month, 6 years left on lease. The V sign may go digital, with possibilities of double rent and value. In addition to rent , the sign company pays the seller $9,800 per year towards real estate taxes. There is a 5,200+/- warehouse with 1 spray booth , 1 large storage area, 2 lifts, 2 offices, kitchen area and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm pricing.

Information

Price: $4,000,000

Days On Market: 206

Year Build: 1950

Taxes

Tax Year: 2023

Tax Amount: $9,787

Listing Agent: Michael A. Becker

Listing Office: KW Empower

Attribution contact: 6108883035

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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 18th May, 2024 11:06 PM (UTC)