PA > Philadelphia
Philadelphia, PA 19111,6320 RISING SUN AVE
Philadelphia, PA 19111,6320 RISING SUN AVE
Philadelphia, PA 19111,6320 RISING SUN AVE
Philadelphia, PA 19111,6320 RISING SUN AVE
Philadelphia, PA 19111,6320 RISING SUN AVE
Philadelphia, PA 19111,6320 RISING SUN AVE
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David Burris

David Burris

+1(609) 304-4202
Listed by Bosam A Cheung • Realty Mark Associates
$ 222,900
Est. payment | /mo

2,219 Sqft Lot

Save
$ 222,900
Est. payment | /mo
Save

2,219 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAPH2495072

Year Built 1950

Annual Tax Amount $3,326

Tax Year 2025

Lot Size 2,219 Sqft

Acres 0.05

Lot Dimensions 20.00 x 111.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Being sold as-is ONLY. Price DROP!!
Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now.
Lower level unit has 2 bedrooms with a full-bath and kitchen.
First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well.
Second Floor has 2 bedrooms, 1 kitchen (gas stove) and a full bathroom.
Lower level has separate entrance. Main floor has one entrance that breaks off into 2 entrances at the foyer.

Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net)

Come check it out and put your money to work for you!

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 353238500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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David Burris
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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6320 RISING SUN AVE

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