USAPAPhiladelphiaWister1950 Logan St
1950 Logan St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$2,599,000

1950 Logan St, Philadelphia, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,100
Days Active 95
Approx. Age 
MLS® Number PAPH2466868

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Are you a developer looking for your next large project? Look no more! Zoning approved project in the Germantown section of Philadelphia. Zoning permit in hand, approved for multi-family with: 111 Dwelling units. 42 Parking spaces , 4 Accessible spaces (including 1 van), 3 Electric van spaces, 45 1A class bicycle spaces Total Gross floor area (3 floors & lower level) 85, 384 sqft Lot area 99, 798.7 SF (2.29 AC) Units Breakdown: Lower level: Lobby & Utility 1st Floor: Office, 23 units of 1 Bedroom, 13 units of 2 Bedrooms = 36 Units total 2nd Floor: 25 units of 1 Bedroom, 13 units of 2 Bedrooms = 38 Units total 3rd Floor: 23 units of 1 Bedroom, 13 units of 2 Bedrooms, 1 unit of 3 Bedrooms = 37 Units total Total Units Count: 111 Units. LOW estimated rents: 1 Bed 1 bath $1, 015 2 Beds 1 bath $1, 250 3 Beds 1 bath $1, 450 With the above projection, the building is expected to generate approximately $72, 065 from 1 bed units $48, 750 from 2 beds units $1, 450 from 3 beds unit Total monthly expected rents: $122, 265 ; Yearly expected gross rent $1, 467, 180 Medium to higher rents should bring additional 10-15%. Additional income from parking is also expected. With such incredible numbers, don't wait and make your move TODAY!Show Description
MLS® NumberPAPH2466868
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

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