344-348 South St, PHILADELPHIA
$2,175,000
MLS® # PAPH2369418
736-38 S 8th St, PHILADELPHIA
$2,499,000
0 Beds
0 Baths
4,000 Sqft
0 Acres
0 Garages
Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and
1425 Jackson St. Total package can be acquired.
736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great 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 Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is.
Tenant occupied. 48hr notice.
Essential Information
MLS® #PAPH2418372
Price$2,499,000
Bathrooms0.00
Square Footage4,000
Acres0.00
Year Built1900
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address736-38 S 8th St
Area19147
SubdivisionITALIAN MARKET
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19147
Amenities
ViewCity, Park/Greenbelt
Interior
HeatingCentral
CoolingCentral A/C
Exterior
Lot DescriptionCorner Lot
District
THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
ZoningCMX-1
Listing Details
OfficeMercury Real Estate Group
Office Contact(215) 462-5100
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Listing information last updated on January 11th, 2025 at 9:30am EST.
