Philadelphia, PA 19126 1407-09 72Nd Avenue

1407-09 72Nd Avenue Philadelphia, PA - Image 11407-09 72Nd Avenue Philadelphia, PA - Image 21407-09 72Nd Avenue Philadelphia, PA - Image 3
23 more
1407-09 72Nd Avenue Philadelphia, PA - Image 41407-09 72Nd Avenue Philadelphia, PA - Image 51407-09 72Nd Avenue Philadelphia, PA - Image 61407-09 72Nd Avenue Philadelphia, PA - Image 71407-09 72Nd Avenue Philadelphia, PA - Image 81407-09 72Nd Avenue Philadelphia, PA - Image 91407-09 72Nd Avenue Philadelphia, PA - Image 101407-09 72Nd Avenue Philadelphia, PA - Image 111407-09 72Nd Avenue Philadelphia, PA - Image 121407-09 72Nd Avenue Philadelphia, PA - Image 131407-09 72Nd Avenue Philadelphia, PA - Image 141407-09 72Nd Avenue Philadelphia, PA - Image 151407-09 72Nd Avenue Philadelphia, PA - Image 161407-09 72Nd Avenue Philadelphia, PA - Image 171407-09 72Nd Avenue Philadelphia, PA - Image 181407-09 72Nd Avenue Philadelphia, PA - Image 191407-09 72Nd Avenue Philadelphia, PA - Image 201407-09 72Nd Avenue Philadelphia, PA - Image 211407-09 72Nd Avenue Philadelphia, PA - Image 221407-09 72Nd Avenue Philadelphia, PA - Image 231407-09 72Nd Avenue Philadelphia, PA - Image 241407-09 72Nd Avenue Philadelphia, PA - Image 251407-09 72Nd Avenue Philadelphia, PA - Image 261407-09 72Nd Avenue Philadelphia, PA - Image 27
Presented By: RE/MAX @ HOME
  • MLS# PAPH2316666
  • 01/29/2024
  • Request Tour
  • Request Info
  • SQFT • 4,165

Home Details

Here is an exceptional investment opportunity: two 3-story twin townhomes combined into one, currently operating as a global health care service. This property features 11 rooms with a total of 15 beds, all currently occupied. Each bed generates $1,500 per month, totaling $22,500 per month and $270,000 per year. The property is undergoing an expansion on the 3rd floor to add 3 more rooms, which will accommodate 9 additional beds, further increasing potential income. The building is fully carpeted and equipped with a boiler system and radiators for heating, plus window units for cooling. The first floor includes a large bathroom with 3 toilets and 1 shower, as well as a private bath for staff. The second floor has 2 full baths, and the third floor has 1 full bath. The basements of the two properties are currently separated: one side features a kitchen with a commercial refrigerator, freezer, pantry, office space for staff, and a laundry room, while the other side is semi-finished and used for storage. The property boasts a wrap-around porch on the ground level with wheelchair access, multiple exits, and a fire alarm system with wired smoke detectors. It is zoned as RSA-3, has a rental license for 9 residential units, and a Certificate of Compliance from the Department of Human Services allowing care for up to 15 patients. The buyer will need to confirm the zoning and use of the property. Located just south of Cheltenham Ave in West Oak Lane, the property benefits from a Walk Score of 78, a Transit Score of 52, and a Bike Score of 54. Nearby parks include Russel Park, Melrose Park, and Simons Playground. This property offers a lucrative investment opportunity. Buyers must have a Personal Care Home Administrator License or provide proof of enrollment in related classes. Dont miss out on this chance to acquire a high-income generating property at 1407-09 72nd Ave!
Presented By: RE/MAX @ HOME

Interior Features for 1407-09 72Nd Avenue

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 1407-09 72Nd Avenue

Acceptable FinancingCash, Other
AccessibilityDoors - Swing In, Ramp - Main Level
Association Recreation FeeN
Business TypeMedical
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
Current UseMixed, Medical Offices, Other
DirectionsComing from south Broad St make a left onto 72nd Ave and then the property will be on the right hand side.
HeatingRadiator
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet7025.00
Lot Size UnitsSquare Feet
MLS Area19126 (19126)
ModificationTimestamp2024-11-05T12:18:15
MunicipalityPHILADELPHIA
New ConstructionNo
PossessionImmediate
Possible UseMedical/Dental
Price Per Sq Ft Total AG108.04
Property ConditionAverage
Property SubtypeServices
Property TypeBusiness Opportunity
Property UseOwner User
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameWEST OAK LANE
Tax Annual Amount4020.0
Tax Assessed Value287200.0
Tax Lot62
Tax Year2023
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
ViewStreet
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1930
Year Built SourceEstimated
ZoningRSA3

Exterior for 1407-09 72Nd Avenue

Building Area Total4165.00
Car Parking Spaces
Fencing Y/NN
Land Assessed Value71800.00
Land Use CodeYJ0
Lot Dimensions50.00 x 173.00
Lot FeaturesRear Yard
Lot Size Acres0.16
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $450,000
MLS#PAPH2316666
List Date 01/29/2024
Property Type Business Op
Phone 703.929.4729
Request Tour
Request Info
Visit My Website

Similar Properties to 1407-09 72Nd Avenue

Skip to content