ACTIVE

4365-67 Cresson St

Philadelphia PA, 19127

$1,600,000


ACTIVE

Commercial

Built in 1952

"Exceptional Investment Opportunity in Historic Manayunk: Capitalize on a comprehensive property package valued at $3,200,000, located in the vibrant district of Manayunk, Philadelphia. The package includes:

4365-67 Cresson St.: Two apartment buildings with six residential units (two 2-bedroom, three 1-bedroom, and one efficiency), offered at $1.6 million, generating a rental income of $10,000 monthly.
4363 Cresson St.: A 12-space private parking lot, with 4 spaces currently leased at $150 each, offered at $900,000.
4361 Cresson St.: A mixed-use, three-story corner building with Old European charm and a ground-floor restaurant/deli. The family business will close upon sale, opening new possibilities for the next owner. This property is offered at $700,000, with upper floors ready for renovation into additional residential or commercial spaces.
Situated steps from public transportation and the local train station, these properties are nestled in a National Historic District known for its scenic charm and urban convenience. Over 50 chic boutiques and 30 diverse restaurants make Manayunk a picturesque and coveted investment destination. Ideal for savvy investors seeking to expand their portfolio in a community with significant growth potential."

PAPH2344754

MLS ID

May 9, 2024

Updated

Map

4365-67 Cresson St
Philadelphia PA, 19127

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Area Name

PHILADELPHIA


Taxes

$9,599


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Zoning

Y50


Buyer Agency Compensation

3%

Listed by Marc M Scott, Virginia C Messa with Messa Real Estate & Insurance
Listing Contact: 2152922908 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 5:53 AM UTC

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