$213,000
$220,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
2,244 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $213,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $94
Subdivision Ogontz
MLS Listing ID PAPH2305240
Sold Date 02/20/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $1,928
Tax Year 2022
Lot Size 1,220 Sqft
Acres 0.03
Lot Dimensions 16.00 x 78.00
Property Description
Can be bought as a package deal with 6053 Ogontz Ave. This is an amazing opportunity for a savvy investor to acquire a mixed-use investment property on a busy throughway in the heart of the West Oak Lane section of Philadelphia. 6053 Ogontz Avenue is a three story, 2244 sq ft building that houses a commercial unit at street level, which can command $950/mo with two 2bd 1ba apartments above. The apartments need to be updated to bring in $1476/mo per unit for section 8. The third floor unit is currently occupied. The second floor unit was occupied by the owners' daughter but is now vacant. There is water damage on the back wall of the main bedroom in the second floor unit (see photos). There was also a plumbing leak that has been fixed that caused damage to the ceiling in the bathroom (see photos). Utilities are separated, up-to-date electrical & plumbing. HVAC in good condition. TERMS: Cash or Hard Money only. Property comes in "AS-IS" condition. Buyer pays all closing costs, transfer tax and escrow fees. Open escrow with a $5,000 non-refundable earnest deposit with a cashier's check made out to our title company of choice. Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence and hold seller harmless. No SPDS. No CLUE. As-Is sale. NONE of the following info is deemed accurate and is for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, or financial benefits.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871094300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private
Listing Terms Cash, Private
Financing Cash,Private
Special Listing Condition Standard
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Bought with Dione Weems • United Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "