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$2,800,000
6 Days On Site

5734 OLD SECOND STREET 38
PHILADELPHIA, PA 19120

For Sale|Retail|Active
0
Beds
0
Total Baths
18,000
SqFt
$156
/SqFt
1940
Built
County:
PHILADELPHIA
Listing courtesy of Longlong Zhan Real Estate Investment
Call Now: 908-662-5050
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908-662-5050
5734 OLD SECOND STREET 385734 OLD SECOND STREET 385734 OLD SECOND STREET 385734 OLD SECOND STREET 38
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Monthly Payment (Est.)

$12,775
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This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance

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Listing Snapshot
Price 
$2,800,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.02 Acres
Year Built 
1940
MLS® Number 
PAPH2516996
Status 
Active
Property Tax 
$33,269
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
4 days agoStatus changed to Active
4 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
1.02
Parking 
Parking Lot
Parking Spaces 
120
Property Sub Type 
Retail
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
18000
Utilities 
Natural Gas AvailableElectricity Available
Water Source 
Public
Zoning 
CA1
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirElectric
Heating 
ElectricCentral
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Exterior Features
Construction Details 
Stucco
Community Features
MLS Area 
19120 (19120)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Longlong Zhan Real Estate Investment



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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