
Description
Great Investment opportunity with a 3 story 4 unit building zoned commercial mixed use CMX2 in up and coming Harrowgate section of Kensington. Lots of new construction going on already in each direction. Septa's El Stop at TIOGA is just one block away and there is also a public park up the street and a City Playground with a pool and Ice Skating ring.All units are occupied bringing in approx $3,615 each month and at this price a CAP RATE of approx 15%The area is changing for the good and new construction is starting to pop up in the immediate area and soon most of the Av will be fully developed. 1st floor 3 bed 1.5 bath $1,075 month to month2nd Floor Front 1 bed 1 bath $775 month to month2nd Floor Rear 1 bed 1 bath $790 month to month3rd Floor 2 bed 1 bath $975 month to monthWe require 48 hour notice for all showings. Could also be sold as part of a package with the two properties below which are also on the MLS.3074 Kensington Av has 2 units both occupied $199,700 2952 Kensington Av has 3 units all occupied $199,700
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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2,920SQFT
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$94$/SQFT
Description
Great Investment opportunity with a 3 story 4 unit building zoned commercial mixed use CMX2 in up and coming Harrowgate section of Kensington. Lots of new construction going on already in each direction. Septa's El Stop at TIOGA is just one block away and there is also a public park up the street and a City Playground with a pool and Ice Skating ring.All units are occupied bringing in approx $3,615 each month and at this price a CAP RATE of approx 15%The area is changing for the good and new construction is starting to pop up in the immediate area and soon most of the Av will be fully developed. 1st floor 3 bed 1.5 bath $1,075 month to month2nd Floor Front 1 bed 1 bath $775 month to month2nd Floor Rear 1 bed 1 bath $790 month to month3rd Floor 2 bed 1 bath $975 month to monthWe require 48 hour notice for all showings. Could also be sold as part of a package with the two properties below which are also on the MLS.3074 Kensington Av has 2 units both occupied $199,700 2952 Kensington Av has 3 units all occupied $199,700
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