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6728 OLD YORK ROAD, PHILADELPHIA, PA 19126

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Listing Type
Multi Family
Listing Status
pending
4
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$699,900

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Home Details for 6728 OLD YORK ROAD
Price
$699,900
Type
Multi Family
Bedrooms
4
Year Build
1930
Sq. Ft.
3969
Lot Size
0.04
County
PHILADELPHIA
Tax
$3,694
MLS®️ Listing#
PAPH2477380
On exitrealty.com
206 days
Property Description
Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied
Property Features
Listing Courtesy: Addison Wolfe Real Estate - 215-862-5500
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Last Updated: 2025-10-16 08:15:34
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
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$699,900

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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
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