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    427 W Chew Avenue

    PHILADELPHIA, PA 19120
    • $490,000
    • STATUS: Active
    • ON SITE: 268 days
    • ID#: PAPH867936
    UPDATED: 68 min ago
    $490,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great oppurtunity for owner occupied business - double wide 2 parcels -427 and 429 W Chew ave , 5th and Chew . Beer distributor with D liquor license , 2 residential apartments upstairs , 1 br , 750.00 month rent , 2br , 800.00 a month rent . Full basement for storage on 1 side , full finished basement with full bath on other side - ( can be another rental unit with some minor modifications at appx 600 a month). Detached 2 car garage being used for storage by the beer business ( walk in cooler inside ) . Garages potentially can be rented for 300 a month . Potentially 2500. a month rental income without the beer business income . Divide beer store in half and more potential rent of a store front for possible - deli/hair/nails , etc ... for another 800.00-1000.00 a month . Thats potentially 3500. a month rent without any income from the beer business ! 1 and 2 br apartments are in great condition , tiled floors , hardwoods, ceramic tile and granite counters . Come and see the potential for yourself !!

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    ©2020 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 Nexthome Force Realty Partners. 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: 2020-10-27T20:50:51.01.
    www.forcenj.com/homes/102837552
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    427 W Chew Avenue PHILADELPHIA, PA 19120

    • Price: $490,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: PAPH867936
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1940
    Built
    Neighborhood:
    Olney
    County:
    Philadelphia
    Area:
    19120 (19120)
    Elementary School:
    James R. Lowell School
    Middle School:
    Grover Washington Jr
    High School:
    Samuel S. Fels
    School District:
    The School District Of Philadelphia
    Property Description
    Great oppurtunity for owner occupied business - double wide 2 parcels -427 and 429 W Chew ave , 5th and Chew . Beer distributor with D liquor license , 2 residential apartments upstairs , 1 br , 750.00 month rent , 2br , 800.00 a month rent . Full basement for storage on 1 side , full finished basement with full bath on other side - ( can be another rental unit with some minor modifications at appx 600 a month). Detached 2 car garage being used for storage by the beer business ( walk in cooler inside ) . Garages potentially can be rented for 300 a month . Potentially 2500. a month rental income without the beer business income . Divide beer store in half and more potential rent of a store front for possible - deli/hair/nails , etc ... for another 800.00-1000.00 a month . Thats potentially 3500. a month rent without any income from the beer business ! 1 and 2 br apartments are in great condition , tiled floors , hardwoods, ceramic tile and granite counters . Come and see the potential for yourself !!
    Exterior Features

    Construction Materials Masonry Garage YN No Location Type Urban Parking Types DrivewayOn Street Property Condition Good Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 1612.00 Cooling Ductless/Mini-Split Exclusions Tenants Possessions in 2 Residential Apartments Flooring HardwoodCeramic TileCarpetLaminatedVinyl Heating Baseboard - Electric Heating YN Yes Inclusions BuildingBusinessLiquor LicenseInventoryEquipment . Leases Net Square Feet 3200.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Building Name None Available Business Type Other/General RetailSupermarket/Grocery Store Central Air YN No Cooling Fuel Electric Cross Street 5th Electric Circuit Breakers Entry Level 1 Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Philadelphia Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304011920483 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Retail Sale Type Standard Sewer Public Septic Tax Annual Amount 1902.00 Tax Assessment Amount 135900.00 Tax Lot 216 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Cmx1

    Listing courtesy of Re/Max Access.


    ©2020 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 Nexthome Force Realty Partners. 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: 2020-10-27T20:50:51.01.
     
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    Nexthome Force Realty Partners
    36 Monmouth Street, Unit 2
    Shrewsbury NJ, 07701