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3609-11 N 2nd St 0.29 Acres of Commercial Land Offered at $225,000 in Philadelphia, PA 19140
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.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $225,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Total Lot Size | 0.29 AC | |
| No. Lots | 1 | ||
| Zoning | I3-Heavy Industrial | ||
| Price | $225,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.29 AC |
| Zoning | I3-Heavy Industrial |
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.
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 875104970 | Total Assessment | $50,400 (2026) |
| Land Assessment | $50,400 (2026) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2026) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
875104970
Land Assessment
$50,400 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$50,400 (2026)
Annual Taxes
($1)
Tax Year
2025
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3609-11 N 2nd St
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