Queen Village Package Deal/mixed use+lot+3 story shell 773-775 S front Street Philadelphia, PA 19147
Property Detail
Property Description
Prime location in Queen Village this package deal consist of two parcels with a shared lot in between that could be potentially subdivided. 773 S front – is a great property to rehab and resale at the profit and 775 S front property is the one you can get a great cash flow from.
Deal Details
- 773 S front street – 3 story Shell 1470 Sq ft – CMX1 ~As is Value $350K ~ ARV $700K
- Shared lot between 773 and 775 building
- 775 S Front Street – two unit mixed use building -~2584 sq ft ~CMX1 Value $850K 1st unit with commercial tenant (restaurant) – monthly rent $3800 – 2nd&3rd floor 4 bdr renovated apartment – rent ready at $3200/mo – Annual projected income $84,000