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7618 Ogontz Ave 3,066 SF Vacant Office Building Philadelphia, PA 19150 $320,000 ($104.37/SF) 10% Cap Rate
EXECUTIVE SUMMARY
Two-story building with two private entrances, one bathroom per floor, and basement storage. Both floors currently office layout. Light cosmetic updates needed.
The upper floor has plumbing for easy kitchen install. Ideal for an owner-occupant to operate business on first floor and convert upper level to residential. Vacant and ready for occupancy or customization.
The upper floor has plumbing for easy kitchen install. Ideal for an owner-occupant to operate business on first floor and convert upper level to residential. Vacant and ready for occupancy or customization.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,066 SF
Building Class
C
Year Built
1950
Price
$320,000
Price Per SF
$104.37
Cap Rate
10%
NOI
$32,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,533 SF
Building FAR
1.41
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CMX2 - Commercial, mixed-use
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Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $690,320 | |
| Land Assessment | $172,580 | Total Assessment | $862,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$172,580
Improvements Assessment
$690,320
Total Assessment
$862,900
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