6728-30 Old York Road, Philadelphia, PA 19126-2840 $849,000

# of Units: 3
Interior Sq. Ft: 3,969
Acreage: 0.04
Age:95 years
Taxes: $3,694
MLS#: PAPH2477380
Design/Type:
Over Storefront

Description

Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied

Taxes: $3,694
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
90% Forced Air, Wall Unit Heating, Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
None

Exterior
Masonry

Contact Information

Listing Courtesy of: Addison Wolfe Real Estate , (215) 862-5500, legal@addisonwolfe.com

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Listing data as of 5/29/2025.