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Listed by Aldo Torres • Homestarr Realty
$199,199
Est. payment /mo
1,120 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2449812
Year Built 1915
Annual Tax Amount $1,177
Tax Year 2024
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 73.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime investment opportunity at 2952 Kensington Ave! This fully occupied CMX-2.5 zoned triplex features a commercial unit on the first floor($1,250/month) and two residential apartments on the second ($975/month) and third floors ($800/month), generating a total monthly rental income of $3,025. 16% CAP RATE. Located in a high-traffic area, this mixed-use property offers strong cash flow and great potential. Don't miss out on this turn-key investment!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX25
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 331427105
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Dion Rainey- ABR, MRP
Agent | SPDC-SP98364686, MD-530590
Agent SPDC-SP98364686, MD-530590