6440-42 RISING SUN AVE Coming Soon

Philadelphia,PA 19111

$ 1250000

- Bed

- Bath

6750 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $185

Subdivision Lawndale

MLS Listing ID PAPH2494468

Year Built 1950

Available Date 2025-06-19

Annual Tax Amount $6,465

Tax Year 2024

Lot Size 4,750 Sqft

Acres 0.11

Lot Dimensions 50.00 x 95.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

A versatile mixed-use property offering significant potential for commercial or residential development. Includes 2 newly renovated buildings at 6440-42 with a residential unit on top with a possibility to add a 4th unit. All units are leased out for a total of $7,950/month with tenants being responsible for all utilities. Major renovations in 2025/2025 took place to ensure these buildings are maintenance free for the longest amount of time. Unit 1 is rented out for $2000/month, lease expires Dec 2029. Unit 2 is rented out for $3000/month with a $150 increase every year, lease expires Dec 2029. Unit 3 is rented out for $1950/month, lease expires Dec 2025. Basement is rented out for $1000/month on a month to month lease. All leases available

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Other,Wood Burn Stove

Cooling Central A/C,Multi Units

Flooring Ceramic Tile,Carpet,Luxury Vinyl Plank

Inclusions all fixtures

Heat Source Natural Gas

Exterior

Utilities Available Electric Available,Natural Gas Available,Sewer Available,Water Available

Water Access N

View Street

Roof Type Shingle,Flat

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871403160

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector,Sprinkler System - Indoor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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