MLS® ID: PAPH839730
6401 CASTOR AVENUE
PHILADELPHIA, Pennsylvania, 19149 $1,930,000
Looking for a fully occupied investment building in Great Location. Check it out !! a rare opportunity to own this huge big commercial building in the corner of busy intersection between Castor ave and Levick street. Lot size 69 x 108 with lot of spaces. First floor ( +/- 6500 sqft) consist tenants: an insurance company and newly renovated multi purposes office spaces, collect rent of $7500 with 10 years lease (5 year and 5 years options renewal). Lower lever, is leased by a church with over 100 seating, conference room, kids play room, banquet space with gourmet kitchen rent is $2600, lease to November 2020(tenant like to stay). Each part has own separate entrance and bathroom, upper level and lower level share the half of electric, water and taxes. Building is in good condition, maintenance free, total six air conditioners for both heating and cooling. With cap rate over 6%, Don~t miss out on this incredible opportunity to keep this property and increase both rent and value. Make your appointment, run your numbers, and Make us an offer!