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1407-09 72ND Avenue

PHILADELPHIA, PA 19126
  • $499,000
  • STATUS: Active
  • ON SITE: 169 Days
  • ID#: PAPH2316666
UPDATED: 36 min ago
$499,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1930
County:

School Ratings & Info

Description

Here presented to you are two 3-story twin townhomes combined into one with a global health care service operating and occupying the whole building. The 1st and 2nd floor of this property has no partition wall so each side is connected to the other. The 3rd floor is under construction to open that wall up to connect both sides of the building. This operation contains 11 rooms with 15 total beds with each bed currently occupied with a patient. Each bed generates $1,500/month grossing $22,500/month and $270,000/year. The owner is currently extending the 3rd floor of the property to add 3 more rooms which can hold 9 more beds to generate even more income. The whole property is carpeted throughout and has a boiler system with radiators for heating and window units for cooling. The 1st floor in the back has a big bathroom with 3 toilets and 1 shower and a private bath for the staff. The second floor has 2 full baths while the 3rd floor has 1 full bath. The basements of these two properties are currently separated. On one side contains the kitchen, office for the staff, and a laundry room. The kitchen comes equipped with a commercial refrigerator and freezer along with a pantry. The other side of the basement is semi finished and is used for storage. The exterior has a beautiful wrap around porch on the ground level with a ramp connected for easy wheel chair access. Additionally, the building is set up with multiple exits and a fire alarm system with smoke detectors wired into the system. The property is currently zoned as RSA-3 but has a rental license for 9 residential units in addition to a Certificate of Compliance from the Department of Human Services that allows for this operation to care for up to 15 patients. It is the responsibility of the buyer to confirm zoning and use of the property. This building is located just south of Cheltenham Ave in West Oak Lane. This location has a walk score of: 78, Transit Score of 52, and Bike score of 54. Nearby parks include Russel Park, Melrose Park and Simons Playground. Don't miss this opportunity to acquire a cash cow of an investment at 1407-09 72nd Ave!Buyers must have a Personal Care Home Administrator License or provide proof that they are enrolled in classes.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-17T08:51:30.243.
www.lisasellsdelaware.com/homes/147030235
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1407-09 72ND Avenue PHILADELPHIA, PA 19126

  • Price: $499,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 36 min ago
  • ID#: PAPH2316666
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1930
Built
Neighborhood:
West Oak Lane
County:
Philadelphia
Area:
19126 (19126)
School District:
The School District Of Philadelphia
Property Description
Here presented to you are two 3-story twin townhomes combined into one with a global health care service operating and occupying the whole building. The 1st and 2nd floor of this property has no partition wall so each side is connected to the other. The 3rd floor is under construction to open that wall up to connect both sides of the building. This operation contains 11 rooms with 15 total beds with each bed currently occupied with a patient. Each bed generates $1,500/month grossing $22,500/month and $270,000/year. The owner is currently extending the 3rd floor of the property to add 3 more rooms which can hold 9 more beds to generate even more income. The whole property is carpeted throughout and has a boiler system with radiators for heating and window units for cooling. The 1st floor in the back has a big bathroom with 3 toilets and 1 shower and a private bath for the staff. The second floor has 2 full baths while the 3rd floor has 1 full bath. The basements of these two properties are currently separated. On one side contains the kitchen, office for the staff, and a laundry room. The kitchen comes equipped with a commercial refrigerator and freezer along with a pantry. The other side of the basement is semi finished and is used for storage. The exterior has a beautiful wrap around porch on the ground level with a ramp connected for easy wheel chair access. Additionally, the building is set up with multiple exits and a fire alarm system with smoke detectors wired into the system. The property is currently zoned as RSA-3 but has a rental license for 9 residential units in addition to a Certificate of Compliance from the Department of Human Services that allows for this operation to care for up to 15 patients. It is the responsibility of the buyer to confirm zoning and use of the property. This building is located just south of Cheltenham Ave in West Oak Lane. This location has a walk score of: 78, Transit Score of 52, and Bike score of 54. Nearby parks include Russel Park, Melrose Park and Simons Playground. Don't miss this opportunity to acquire a cash cow of an investment at 1407-09 72nd Ave!Buyers must have a Personal Care Home Administrator License or provide proof that they are enrolled in classes.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Lot Features Rear Yard Parking Types On Street Property Condition Average View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4165.00 Cooling Window Unit(s) Heating Radiator Heating YN Yes

Property Features

Acceptable Financing CashOther Accessibility Features Doors - Swing InRamp - Main Level Central Air YN No Cooling Fuel Electric Cross Street N Broad St Current Use MixedMedical OfficesOther Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802836964508 Ownership Interest Other Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 4020.00 Tax Lot 62 Transportation Airport less than 10 milesBus Stop less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning RSA3

Listing courtesy of RE/MAX @ HOME: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-17T08:51:30.243.
 
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