Philadelphia, PA 19149,5901 SUMMERDALE AVE
Philadelphia, PA 19149,5901 SUMMERDALE AVE
Philadelphia, PA 19149,5901 SUMMERDALE AVE
Philadelphia, PA 19149,5901 SUMMERDALE AVE
Philadelphia, PA 19149,5901 SUMMERDALE AVE
Philadelphia, PA 19149,5901 SUMMERDALE AVE
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$120,000

$139,900

14.2%
Est.Price: ?

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Est. payment /mo

3,397 Sqft Lot


SOLD DATE : 11/15/2016

Key Details

Sold Price $120,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Oxford Circle

MLS Listing ID 1002472004

Sold Date 11/15/16

HOA Y/N N

Originating Board TREND

Year Built 1925

Annual Tax Amount $2,773

Tax Year 2016

Lot Size 3,397 Sqft

Acres 0.08

Lot Dimensions 18X91

Property Description

Excellent investment opportunity! This mixed use property in the Oxford Circle section of Philadelphia features a 3 bedroom end unit row with a finished basement converted to office space with a reception area, powder room and 3 separate office or exam rooms. The office was previously used by a doctor and can also be used for any professional services such as insurance, real estate, medical, dental, tax preparation, accounting, lawyer, dentist, consulting and more. You can live & work at this location or it is a perfect investment opportunity. Pro forma income of $2000 brings an excellent cap rate of 15.17%. Separate entrance and utilities for both units. The three bedroom has plenty of light and features a full bath, an eat in kitchen and oversized living room and dining room. There is a fenced in back yard and a security system for the entire property. The property has street parking & public transportation right our front and very good exposure on Oxford Ave with an average daily traffic count of 10,000-20,000 vehicles. Oxford Circle is a neighborhood in the lower Northeast section of Philadelphia. Its namesake is the much used traffic circle at Roosevelt Boulevard and Oxford Avenue. The Oxford Circle neighborhood has traditionally included the areas up to Rhawnhurst and Mayfair but does not really have a fixed boundary. Oxford Circle is also the colloquial name for the nearby Summerdale neighborhood, which is located west of Roosevelt Boulevard, opposite the city's Frankford section.

Location

State PA

County Philadelphia

Area 19149 (19149)

Zoning RSA5

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Flooring Carpet, Vinyl

Fireplace N

Exterior

Utilities Available Electric Available, Phone

Waterfront N

Water Access N

Roof Type Flat,Pitched

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871578230

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Michael S Choplin • RE/MAX Services
Bought with Michael S Choplin • RE/MAX Services
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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