Philadelphia, PA 19130

Sold 7/15/2016

Here is a great investment property. This four unit mixed use property consists of a laundromat and barber shop on the 1st floor and 2 one bedroom apartments on the 2nd and 3rdfloors, respectively. The building is fully occupied with a strong rental and income history. The laundromat business is included with the sale. The laundromat is self-operating and requires no staff. Under a special arrangement with Maytag, new units (14 washers and 14 dryers) were installed in 2014. In addition, Maytag does all the equipment servicing for which they take a percentage. There are separate electric and gas meters for each unit. Two water meters exist for the laundromat and all other units combined. Landlord provides water. Income provided here is net of the arrangement with Maytag.

Property Details
  • Philadelphia
    school district
  • $4,535.00
  • 1937
  • 3
  • 6733233
Wood floors
Vinyl flooring
School district: Philadelphia
Brick exterior
Lot acreage is: 0.02
Lot dimension is: 15X56
Level lot
Subdivision: ART MUSEUM AREA
Lot zoned: RSA5
Public sewer
Public water
Units in building(s): 4
Property style: 1
Tax year: 2016
Courtesy of:
BHHS Fox & Roach-Center City Walnut

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Address Distance Sale date Sale price
2001 BRANDYWINE ST 0 mi. 7/15/2016 $625,000
2319 FAIRMOUNT AVE 0.35 mi. 8/5/2016 $680,000
720 N 16TH ST 0.45 mi. 5/31/2016 $550,000
2449 FAIRMOUNT AVE 0.45 mi. 7/18/2017 $677,500
1534-38 RIDGE AVE 0.51 mi. 10/13/2017 $565,000
130-32 N 21ST ST 0.56 mi. 12/20/2017 $600,000
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2001 BRANDYWINE ST, Philadelphia, PA 19130 commercial was sold for $625,000.
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