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3609-11 N 2nd St
Philadelphia, PA 19140
Land For Sale
·
0.29 AC
Investment Highlights
- Leased
- Accessible warehouse and 2nd street
- Future Development Opp
Executive Summary
3609–11 N 2nd St – Rear Fenced Lot
Month-to-month tenant @ $5,250/month ? $63K/year income.
Estimated value ˜ $650,000 (9–10% cap on current income).
Potential upside with long-term lease & rent escalations.
Part of a larger portfolio package.
Month-to-month tenant @ $5,250/month ? $63K/year income.
Estimated value ˜ $650,000 (9–10% cap on current income).
Potential upside with long-term lease & rent escalations.
Part of a larger portfolio package.
Property Facts
1 Lot Available
Lot
| Price | $225,000 | Lot Size | 0.29 AC |
| Price Per AC | $775,862.07 |
| Price | $225,000 |
| Price Per AC | $775,862.07 |
| Lot Size | 0.29 AC |
Rear Access from warehouse and side access from 2nd street.
Property Taxes
| Parcel Number | 875104970 | Improvements Assessment | $0 |
| Land Assessment | $50,400 | Total Assessment | $50,400 |
Property Taxes
Parcel Number
875104970
Land Assessment
$50,400
Improvements Assessment
$0
Total Assessment
$50,400
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3609-11 N 2nd St
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