1016 Cottman Avenue
$1,680,000
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Description
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines...True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
- Listed by Jie Chen • Home Max RealtyP: (215)-820-1621 mcmaxrealtor@gmail.com
Property Details for 1016 Cottman Avenue
Tax ID Number
881223990
OwnershipFee Simple
Structure TypeOver Storefront
StyleContemporary
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
LISTING UPDATED: 08/14/2024 04:16 AM
Property Details for 1016 Cottman Avenue
Status | Active |
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MLS # | PAPH2094662 |
Days on Market | 983 |
Taxes | $6,241 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1950 |
Lot Size | 0.20 AC / 8,750 SF |
County | Philadelphia County |
Building Information for 1016 Cottman Avenue
Stories-Residences3Year Built1950Building Size-Lot Size0.20 AC / 8,750 SF
Property Information for 1016 Cottman Avenue
Property History for 1016 Cottman Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1016 Cottman Avenue
Taxable ValueLand$133,770Additions$312,130Total$445,900
Tax Record2023$6,242 ($520 / month)
Home Facts
Total Finished SqFt8,542 SqFtAbove Grade Finished SqFt8,542 SqFtStories2Lot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningCMX2CountyPHILADELPHIAAPN88-1-2239-90
Schools near 1016 Cottman Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Crossan Kennedy C School PublicK to 5 | ||
Castor Gardens Middle School Public6 to 8 | ||
Northeast High School Public9 to 12 | ||
Science Leadership Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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