High return, fully leased, mixed use Building in West Philadelphia with the massive commercial space rented to an owner-operator laundromat. Enter this huge, almost 4600 square foot building and all you see is machines everywhere. It is well laid out using all space available. There is also a small store selling soap, candy, sodas and more. A convenient powder room is also contained on the 1st floor. The upper floors house 2, roomy 2-3 bedroom apartments, 1 to the owner of the laundromat, and the other apartment is rented retail for $900.00/ month. The laundromat and 1 upstairs apartment are leased for $1,100.00/ month, but it is grossly under rented. The basement has all back up laundry equipment, storage and multiple concrete columns to support all of the machinery. This is a turnkey investment with a Fantastic return needing minimal TLC. Financial details available upon request.
THE SCHOOL DISTRICT OF PHILADELPHIA
Keller Williams Philly.
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Listing information last updated on October 17th, 2019 at 12:00pm EDT.