Turn key investment opportunity or live/work space with sale and/or rental income. Fully leased income producing building with 4.78% cap rate and huge potential. Commercial unit consists of basement, 1st and 2nd floor completely fitted out for high-end retail feat. incredible light-filled, pristine renovation, high street visibility. 3 levels of showroom space plus kitchenette, powder room and rear patio. 3 residential, full floor units on upper floors. 3rd floor: 1 bed/1.5 bath renovated by award-winning Qb3 architects featuring the minima lifestyle home. 1375 sf with 9.5' ceilings. European chef's kitchen including state of the art Gaggenau, Mielle and Liebherr appliances. Baths feature Bisazza tiles, Duravit soaking tub and glass enclosed shower. Lots of closet space. 4th floor: very large 1 bed/1 bath classic loft, 1375 sf with 9.5' ceilings. 5th floor: 2 bed/2 bath classic loft with huge center skylight and roof access. Fully leased. Commercial lease subject to negotiation. 2 Parking spaces avail.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 118 N 3RD ST, PHILADELPHIA, PA 19106 is currently for sale.
118 N 3RD ST is listed for $2,200,000.
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