This Office Property is no longer advertised on LoopNet.com.

6401-6403 Rising Sun Ave
Philadelphia, PA 19111
Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Office/Residential
Building Size
5,030 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,515 SF
Slab To Slab
9’
Building FAR
1.65
Lot Size
0.07 AC
Zoning
CMX2 - CMX-2 Zoning: Neighborhood-serving retail and service uses with mixed-use potential.

Amenities

  • Signage

About 6401-6403 RISING SUN AVE , PHILADELPHIA, PA 19111

Great Investment Opportunity. Mixed Use building with many upgrades at a prime retail location in Philadelphia. Corner property with new front stucco and 3 great long term tenants. Property is in great shape with a large commercial store front on the 1st floor and 2 apartments on the 2nd floor. One apartment is a 3 bdrm 2 full bath apartment and the other apartment is a 2 bdrm 1 bath apartment with a deck. Electric has been upgraded and 1st floor commercial space has been upgraded. Building offers great visability and has roof billboard. There is an annual tax credit from TMobile for roof access for the cell tower. Building has a great rental history and is in very good condition. Rents ar $44700 and Total Expenses are $17800. Net income is $26900. Expenses are $7000 taxes, $2000 insurance, $6000 gas bills and $2800 water.

Property Taxes

Property Taxes

Parcel Number
882922035
Land Assessment
$424,600
Improvements Assessment
$380,000
Total Assessment
$804,600
  • Listing ID: 17113300

  • Date on Market: 9/5/2019

  • Last Updated:

  • Address: 6401-6403 Rising Sun Ave, Philadelphia, PA 19111

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