1407-09 72ND AVENUE
Philadelphia, Pennsylvania, 19126, United States
4,165
ft²
0.16
acres
-
beds
-
baths
Property Provided By
- Maria Quattrone
- RE/MAX @ HOME
- +1 (215) 607-3523
Connect with local buyer agents who are willing to offer commission savings!
Property Information
Exceptional Investment Opportunity: Twin Townhomes Combined into One. Presenting a unique opportunity with two 3-story twin townhomes combined into a single property, currently operating as a global healthcare service. This building features an interconnected 1st and 2nd floor, with ongoing construction to unify the 3rd floor, enhancing the property's capacity and functionality. The facility includes 11 rooms with 15 beds, each generating $1,500 per month, totaling $22,500 per month and $270,000 annually. The current renovation of the 3rd floor aims to add 3 more rooms, accommodating an additional 9 beds and increasing revenue potential. The property is carpeted throughout and equipped with a boiler system with radiators for heating, along with window units for cooling. The 1st floor includes a large bathroom with 3 toilets and 1 shower, plus a private staff bath. The 2nd floor has 2 full baths, and the 3rd floor features 1 full bath. The basements are separately utilized, with one side housing a kitchen, staff office, and laundry room - featuring a commercial refrigerator, freezer, and pantry - and the other side is semi-finished for storage. Exterior highlights include a wrap-around porch with wheelchair ramp access, multiple exits, and a fire alarm system with wired smoke detectors. The property is zoned RSA-3 and holds a rental license for 9 residential units, alongside a Certificate of Compliance from the Department of Human Services for up to 15 patients. Buyers are responsible for confirming zoning and use. Located just south of Cheltenham Ave in West Oak Lane, the property boasts a Walk Score of 78, Transit Score of 52, and Bike Score of 54. Nearby parks include Russel Park, Melrose Park, and Simons Playground. This property presents a lucrative investment opportunity. Please note, buyers must have a Personal Care Home Administrator License or proof of enrollment in relevant classes. Don't miss out on this profitable investment opportunity at 1407-09 72nd Ave!
Directions
Coming from south Broad St make a left onto 72nd Ave and then the property will be on the right hand side.
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Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Maria Quattrone, RE/MAX @ HOME thelistingteam@liveloveathome.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-12-20 21:02:50.
Property Provided By
- Maria Quattrone
- RE/MAX @ HOME
- +1 (215) 607-3523
Connect with local buyer agents who are willing to offer commission savings!
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