Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied
Presented By: Addison Wolfe Real Estate
Interior Features for 6728 Old York Road
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas, Electric
Other Rooms
Entry Level2
General for 6728 Old York Road
Acceptable FinancingConventional, FHA, Cash
AccessibilityNone
Business TypeApartment Building, Restaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingDuctless/Mini-Split
CountyPHILADELPHIA
DirectionsEaston rd to Old York
Heating90% Forced Air, Wall Unit
Lot Size Square Feet1763.00
Lot Size UnitsSquare Feet
MLS Area19126 (19126)
ModificationTimestamp2025-04-28T11:18:41
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 120-180 Days
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