Description
736 S 8th St is a boutique 6-plex (6 units) with ground floor commercial space overlooking Cianfrani Park on the corner of 8th & Fitzwater in the "Italian Market" of Philadelphia, Pennsylvania. This is a generational acquisition opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Property is 100% leased and occupied. Liquor license available for additional fee.
Location
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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: 28th May, 2023 2:52 AM (UTC)
