2149 Catharine Street
Philadelphia,
PA
19146
Property Details
List Price: |
$400,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
3485 |
Agency: |
Berkshire Hathaway HomeServices Fox & Roach, Real |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
2013 |
Notes: |
2149 Catharine St Unit 1 is a commercial condo space for sale. It is currently occupied by Ultimo Coffee (5 year tenant with 5 more years on the lease). Currently rented for $2350 a month with $600 increases in January annually. Monthly condo fee $177. Building is 12 years old, fully sprinklered. Tenant pays half of the real estate taxes and building insurance. Basement has a high ceiling and has been used for storage. This is a 9% return cap rate at asking price. The real estate taxes are estimated since the property is not sold with the new tax id number. Upper roof was coated with 2 year warranty. |
MlsNumber: |
PAPH2315608 |
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Listing Provided By: |
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing |
Name: |
Berkshire Hathaway HomeServices Fox & Roach, Real |
Office Name: |
BHHS Fox & Roach Center City-Society Hill |
Office Phone: |
(215) 627-6005 |
Agent Name: |
Gregory J. Damis |
Disclaimer: |
Copyright © 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |