6634-6642 Haverford Ave - Schools FOR SALE


Philadelphia, PA 19151
$1,300,000 USD
917-686-1986
6634-6642 Haverford Ave, Philadelphia, PA for Sale
$1,300,000 USD
Schools - FOR SALE
1/5
null | 8.74% Cap Rate

6634-6642 Haverford Ave
Philadelphia, PA 19151


HIGHLIGHTS

  • ALL MONTH TO MONTH LEASES. RESIDENTIAL RENTS CAN BE INCREASED SUBSTANTIALLY WITHOUT THE NEED TO LEAD THE MARKET.

OVERVIEW

Overbrook, located in West Philadelphia, is a neighborhood known for its historic charm and architectural diversity. The area features a mix of residential properties, including single-family homes, rowhouses, and multi-unit buildings, as well as commercial spaces. The real estate market in Overbrook offers a range of opportunities. Sometimes & occasionally, we encounter an unusual opportunity. The Bentley Group is proud to offer an unusual real estate opportunity featuring eight apartments and a first-floor commercial space in Overbrook. All of the nine tenants are on month-to-month leases, making 6634-42 a true Value-Add opportunity that offers substantial upside potential in the Gross Potential Rent. With the normal upgrades, rents could be increased substantially without the need to lead the market.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

8.74%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

RSA3

APN/PARCEL ID

881128512

ASK ABOUT THIS PROPERTY

Hassan AbdellahThe Bentley Group, Ltd.More Info
917-686-1986

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Hassan AbdellahThe Bentley Group, Ltd.More Info
917-686-1986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.