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6522 Lebanon Avenue , Philadelphia, PA 19151

$1,250,000
  • 6522 Lebanon Avenue , Philadelphia, PA 19151 Main Photo

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New to the Market ACTIVE
MLS#PAPH2590780
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONOVERBROOK FARMS SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

Turnkey 8-Unit Cash Cow delivering Powerful 7.4% Cap Rate with room to increase. **Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 7.4% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

6522 Lebanon Avenue | MLS# PAPH2590780

This commercial property located at 6522 Lebanon Avenue , Philadelphia, PA 19151 is currently listed for sale with an asking price of $1,250,000. Lebanon Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C, Window Unit(s), Ceiling Fan(s)
Fuel Type: Natural Gas
Heating: Other, Hot Water
Lot Size: 0.12 Acres
Taxes: $8,432
Year Built: 1925

Feature Descriptions

Electric: 200+ Amp Service
Exterior: Masonry, Other
Flooring: Ceramic Tile, Hardwood, Laminated, Tile/Brick
Lot: Corner
Lot Dimensions: 0.12 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 3
Units: 8
Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: Elite Realty Group Unl. Inc.
Agency Phone: 2153284800

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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