3462 Kensington Ave, Philadelphia, PA 19134

$299,000
List Price
$299,000
Days on Market
72
Status
ACTIVE UNDER CONTRACT
MLS#
PAPH2194238
Lot Size (Acres)
0.02
Year Built
1935
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

This mixed-use building is located on Kensington Ave, a bustling corridor across the street from Harrowgate Park. It has the by right zoning to be developed into a three-story with a total of 10 units, including a 20x30' commercial unit. It is situated in an ideal location, just steps away from the Tioga station, making it convenient for tenants to access public transportation. The building itself has a strong, sound structure and features tall ceilings with an industrial feel, making it an excellent candidate for an adaptive reuse design. With the rental cycle coming up next year, this is a prime opportunity to acquire and finish in time for an easier stabilization. Tenants will appreciate its convenient location and unique design, making it a highly sought-after location for both commercial and residential use.

Additional Information

Area
19134 (19134)
Subdivision
Kensington
Taxes
$964
School District
The School District Of Philadelphia
View
Park/Greenbelt
Heating
Other
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Philly. Contact: (215) 607-6007

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