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113 Gay Street

PHILADELPHIA, PA 19127
  • $1,250,000
  • STATUS: Active
  • ON SITE: 165 Days
  • ID#: PAPH2295966
UPDATED: 46 min ago
$1,250,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Welcome to 113 Gay St, Philadelphia " a turn-key mixed use building nestled in the heart of Manayunk with four years remaining on the real estate tax abatement. This exceptionally maintained property offers investors a unique opportunity, featuring a 700+/- square foot commercial space on the ground floor, one bedroom apartment on the ground floor, two one bedroom apartments on the second floor and a three bedroom three bath apartment with a large living room on the third floor. In addition, a delightful rooftop patio is exclusively accessible to the third-floor apartment, providing a private outdoor oasis.Fully occupied with an exceptional lease history makes this an excellent investment opportunity. The residential units are well appointed and fitted with upgraded modern features, boasting beautiful hardwood flooring, stainless steel appliances, custom cabinets, quartz countertops, tile backsplashes, tile baths, in-unit washer/dryer, and an intercom system for added convenience. Safety is paramount in this property, with hard-wired fire and smoke alarms, as well as a sprinkler system, ensuring peace of mind for both residents and owners.Situated just one block north of Manayunk's vibrant Main Street, this building offers immediate access to a thriving community of restaurants, bars, shops, cafes, and the scenic Schuylkill River Trail, perfect for outdoor enthusiasts.For those who require easy access to the city, the Manayunk Train Station, located directly across the street, provides a convenient 20-minute commute into Center City. Don't miss this fantastic opportunity to own a well-maintained and fully occupied multi-use building in a prime location. It's an investment that combines the best of city living with a dynamic community at your doorstep.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-23T09:49:39.33.
www.gregorygrayrealty.com/homes/145137031
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113 Gay Street PHILADELPHIA, PA 19127

  • Price: $1,250,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 46 min ago
  • ID#: PAPH2295966
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1910
Built
Neighborhood:
19127 (19127)
County:
Philadelphia
Area:
19127 (19127)
School District:
The School District Of Philadelphia
Property Description
Welcome to 113 Gay St, Philadelphia " a turn-key mixed use building nestled in the heart of Manayunk with four years remaining on the real estate tax abatement. This exceptionally maintained property offers investors a unique opportunity, featuring a 700+/- square foot commercial space on the ground floor, one bedroom apartment on the ground floor, two one bedroom apartments on the second floor and a three bedroom three bath apartment with a large living room on the third floor. In addition, a delightful rooftop patio is exclusively accessible to the third-floor apartment, providing a private outdoor oasis.Fully occupied with an exceptional lease history makes this an excellent investment opportunity. The residential units are well appointed and fitted with upgraded modern features, boasting beautiful hardwood flooring, stainless steel appliances, custom cabinets, quartz countertops, tile backsplashes, tile baths, in-unit washer/dryer, and an intercom system for added convenience. Safety is paramount in this property, with hard-wired fire and smoke alarms, as well as a sprinkler system, ensuring peace of mind for both residents and owners.Situated just one block north of Manayunk's vibrant Main Street, this building offers immediate access to a thriving community of restaurants, bars, shops, cafes, and the scenic Schuylkill River Trail, perfect for outdoor enthusiasts.For those who require easy access to the city, the Manayunk Train Station, located directly across the street, provides a convenient 20-minute commute into Center City. Don't miss this fantastic opportunity to own a well-maintained and fully occupied multi-use building in a prime location. It's an investment that combines the best of city living with a dynamic community at your doorstep.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Parking Lot Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 5100.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street CRESSON Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 76407.00 New Construction YN No Number Of Units Total 5 Original MLSNumber 802723381354 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4101.00 Tax Lot 187 Total Actual Rent 94249.00 Vacation Rental YN No Water Source Public Zoning CMX25

Listing courtesy of KW Empower: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-23T09:49:39.33.
 
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