PA > Philadelphia
Philadelphia, PA 19104,Address not disclosed
Philadelphia, PA 19104,Address not disclosed
Philadelphia, PA 19104,Address not disclosed
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$899,999
Est. payment /mo
2,390 SqFt
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UPDATED:

10/30/2024 03:57 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $376

MLS Listing ID PAPH2363738

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $7,889

Tax Year 2024

Lot Size 2,750 Sqft

Acres 0.06

Lot Dimensions 25.00 x 110.00

Property Description

4426 OSAGE AVENUE IS A LARGE SUNNY MODERN Free-Standing SIX (6) FAMILY APARTMENT HOUSE also housing A 7-th unit SELLERS PRIVATE OFFICE SUITE . Each apartment is separately metered for Cooking Gas and Electric. Rents include heat, hot-water, common area electric and public Water/Sewer service. Tenants also have access to the private coin-op laundry room. Each Apartment features, hard wood floors throughout, a full modern kitchen, private spacious ceramic tiled bathroom with full size tub/shower, toilet, sink, and vanity mirror cabinets. Apartments #2nd Front and #2nd Rear each open onto separate private terraces. The #1st Front apartment is a bi level unit currently occupied as 1 Bedroom plus Den Suite. The 1st Rear apartment , currently occupied as a two (+) bedroom suite, is a bi level apartment with a direct entry to the spacious private side/rear concrete patio. The 1st Rear apartment was-(is) designed as a 3 bedroom suite with the further opportunity to be incorporated by direct entry with the Owners Office Suite -(door frame is already in place). The location of the Owner's Private office (two room+full bathroom/kitchen) Suite provides the opportunity to be joined with the 1st Rear bi lever apartment to create a possible 5+ bedroom apartment.. Request details. Simply put, there are profitable options to generate substantial additional rents from #4328 Osage Avenue with minimal costs when the current lease expire! Please refer to the enclosed rent roll and fixed expense schedule.

Five apartments are occupied under written leases. The 6th Apartment #3Fl Rear will be-rented when a sale is negotiated to enable a Purchaser to move into the building at closing for school and personal uses. 4426 Osage Avenue is within the school catchment area! (Additional Photographs to Follow!)

AFTER reviewing the enclosed Photos, Rent Roll and Fixed Financial Cost Schedule a financially qualified Buyer Is Encouraged To Schedule a private tour of the grounds, the public areas of the building including the hallways, entry foyer, the utility areas plus the owner's Two room office suit with private Bathroom and Kitchen. A Buyer who submits an agreement of sale or detailed Letter Of Intent along with P.O.F at a price and under Terms accepted by the Seller will be provided a "7" day period to have all the apartments and all building components toured and inspected by the Purchaser accompanied by contractors and professionals chosen, employed and paid for by the Buyer! This inspection period will further be The Inspection Contingency period in any agreement of sale prior to going to closing. The current residents are cooperative and aware that 4426 Osage (Their Residence) is being sold subject to their current lease!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RTA1

Interior

Hot Water Electric, Natural Gas

Heating Baseboard - Hot Water, Radiator

Cooling Window Unit(s)

Flooring Wood, Hardwood, Ceramic Tile, Concrete

Inclusions All equipment, fixtures and equipment used in the building operation

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Water Available

Water Access N

View Street

Street Surface Black Top

Accessibility None

Road Frontage City/County

Garage N

Building

Lot Description Level, Rear Yard

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881615200

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Alex R Chamberlin Jr. • Realty World Properties, Inc.
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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