T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
1016 Cottman Ave, PHILADELPHIA
$1,680,000
0 Beds
0 Baths
0 Sqft
.2 Acres
0 Garages
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear.
This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills.
are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
Essential Information
MLS® #PAPH2094662
Price$1,680,000
Bathrooms0.00
Acres0.20
Year Built1950
TypeMulti-Family
Sub-TypeOther, Over Storefront
StyleContemporary
StatusActive
Community Information
Address1016 Cottman Ave
Area19111
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19111
Interior
Heating90% Forced Air
CoolingCentral A/C
Has BasementYes
BasementFront Entrance
District
THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
ZoningCMX2
Listing Details
OfficeHome Max Realty
Office Contact2159047508
LISTING MAP
© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. 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. All listing information copyright Bright 2025.
Listing information last updated on January 23rd, 2025 at 9:36am EST.
