PA > Philadelphia > Lawndale
Philadelphia, PA 19111,6440-42 RISING SUN AVE
Philadelphia, PA 19111,6440-42 RISING SUN AVE
Philadelphia, PA 19111,6440-42 RISING SUN AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Oleksandr Kovtun • HomeSmart Realty Advisors
$1,250,000
Est. payment /mo
6,750 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $185

Subdivision Lawndale

MLS Listing ID PAPH2494468

Year Built 1950

Available Date 2025-06-19

Annual Tax Amount $6,465

Tax Year 2024

Lot Size 4,750 Sqft

Acres 0.11

Lot Dimensions 50.00 x 95.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

A versatile mixed-use property on Rising Sun Ave offering significant potential for commercial or residential development. Includes 2 newly renovated buildings at 6440-42 with a residential unit on top with a possibility to add a 4th unit. All units are leased out for a total of $7,950/month with tenants being responsible for all utilities. Major renovations in 2025/2025 took place to ensure these buildings are maintenance free for the longest amount of time. Unit 1 is rented out for $2000/month, lease expires Dec 2029. Unit 2 is rented out for $3000/month with a $150 increase every year, lease expires Dec 2029. Unit 3 is rented out for $1950/month, lease expires Dec 2025. Basement is rented out for $1000/month on a month to month lease. All leases available

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Other, Wood Burn Stove

Cooling Central A/C, Multi Units

Flooring Ceramic Tile, Carpet, Luxury Vinyl Plank

Inclusions all fixtures

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

View Street

Roof Type Shingle,Flat

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871403160

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
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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6440-42 RISING SUN AVE

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