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Archive for the ‘Multifamily’ Category

Rare East Passyunk Avenue Corner Multifamily Property For Sale!

1107 Morris Street

Philadelphia, PA 19148

3 Units: A small office with a powder room; a three bedrooms, one bathroom house; and a one bedroom/ one bathroom apartment in the back of the property

Original Asking Price: $499,000

A very unusual opportunity exists right in the heart of East Passyunk Avenue in South Philadelphia! This corner property consists of a small office with a powder room; a three bedrooms, one bathroom house; and a one bedroom/ one bathroom apartment in the back of the property. The office and house are vacant, but the apartment currently has a tenant who pays $825/ month. The tiny office has potential for about $300 a month. The house can be lived in by the owner or rented for about $1,500/ month. The best part of this whole package is the location. The property is steps away from Cantina Los Caballitos, LaScala’s Birra, Mama Maria’s, Noord, and many other great restaurants that have made East Passyunk Avenue so famous. You can walk almost everywhere from here and it is so close to public transportation. With all of these great features, the question is: Why are you still reading this? Make your offer today!

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