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    3115 Kensington Avenue

    PHILADELPHIA, PA 19134
    • $239,900
    • STATUS: Active
    • ON SITE: 292 days
    • ID#: PAPH966298
    Price Reduced
    $239,900
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    3115 Kensington Ave is a Great Investment with 4 units and a potential of $2750+ per month or you can choose not to Lease the Commercial Unit, Collect $2,000 a month or more in rent on the other units and Run Your Own Business on the First Floor of this CMX-2 Zoned property. Property taxes that were only $816 for all of 2020. First floor of this Mixed Use Property features a 1,236 Sq ft Commercial Storefront that is ready to Lease out and features a New HVAC system , Exposed Brick Look ,New Front Window and Doors for the Business and Apt installed and so much more. Currently Vacant but is expected to be rented for $850 or more depending on fit out. We have rejected offers to lease it so we do not bind a new owner up. Act Fast!. The Property has 3 Rental Units above the first floor including : -Apartment #1: A 550 Sq ft 1 Bedroom Unit. Intentionally left Vacant but is expected to be rented for $600 per month. -Apartment #2: A 420 Sq ft Studio Unit with a Grey Cabinet and Granite Countered Kitchen and Intentionally left Vacant for new owner but is expected to be rented for $600 per month.. -Apartment # 3: A Nice 450 Sq ft 1 Bedroom Jr Unit Currently rented for$700 per month until 10/31/2021 This is a Great Investment Opportunity to get your money out of the Stock Market or Diversify. It could save a Business owner a lot by using this great location to keep a low overhead while renting the units above. Let's talk! Looking For Even More? Ask about our other Investment Opportunities!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-19T23:51:29.05.
    www.exitrealtyoc.com/homes/112291660
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    3115 Kensington Avenue PHILADELPHIA, PA 19134

    • Price: $239,900
    • Status: Active
    • ID#: PAPH966298
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1915
    Built
    Neighborhood:
    19134 (19134)
    County:
    Philadelphia
    Area:
    19134 (19134)
    School District:
    The School District Of Philadelphia
    Property Description
    3115 Kensington Ave is a Great Investment with 4 units and a potential of $2750+ per month or you can choose not to Lease the Commercial Unit, Collect $2,000 a month or more in rent on the other units and Run Your Own Business on the First Floor of this CMX-2 Zoned property. Property taxes that were only $816 for all of 2020. First floor of this Mixed Use Property features a 1,236 Sq ft Commercial Storefront that is ready to Lease out and features a New HVAC system , Exposed Brick Look ,New Front Window and Doors for the Business and Apt installed and so much more. Currently Vacant but is expected to be rented for $850 or more depending on fit out. We have rejected offers to lease it so we do not bind a new owner up. Act Fast!. The Property has 3 Rental Units above the first floor including : -Apartment #1: A 550 Sq ft 1 Bedroom Unit. Intentionally left Vacant but is expected to be rented for $600 per month. -Apartment #2: A 420 Sq ft Studio Unit with a Grey Cabinet and Granite Countered Kitchen and Intentionally left Vacant for new owner but is expected to be rented for $600 per month.. -Apartment # 3: A Nice 450 Sq ft 1 Bedroom Jr Unit Currently rented for$700 per month until 10/31/2021 This is a Great Investment Opportunity to get your money out of the Stock Market or Diversify. It could save a Business owner a lot by using this great location to keep a low overhead while renting the units above. Let's talk! Looking For Even More? Ask about our other Investment Opportunities!
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2080.00 Cooling Central A/C Exclusions Tenant's Personal Belongings Heating Forced Air Heating YN Yes Net Square Feet 2656.00

    Property Features

    Accessibility Features Ramp - Main Level Assessment Year 2021 Association YN No Business Type MedicalOther/General RetailProfessionalOther Central Air YN Yes Cooling Fuel Electric Cross Street E Clearfield Street Heating Fuel Natural Gas Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304405671754 Ownership Interest Fee Simple Possession NegotiableSubject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 816.00 Tax Assessment Amount 58300.00 Tax Lot 221 Vacation Rental YN No Water Source Public Zoning Cmx-2.5 Zoning Description Commercial And Mixed Use Up To 55 Foot Tall

    Listing courtesy of Coldwell Banker Hearthside Realtors.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-19T23:51:29.05.
     
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    Ocean City MD, 21842