Shore Results Realty
Kim McGuigan, Broker, Shore Results RealtyPhone: (443) 992-4990
Email: [email protected]
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listing
1 of 12
CommercialFor Sale
$2,999,999
763 S 8th Street
Philadelphia, PA 19147
Listed by: Mercury Real Estate Group, (215) 462-5100
MLS: Bright MLS
5,828Sq Ft
Est. Mortgage
$15,585/mo

763-65 S 8th St is an 8-plex (8 units) with ground floor commercial, 7 apts. and a 3-car garage at the corner of 8th & Fulton of Philadelphia, Pennsylvania. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the Italian Market. 763-65 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 3 entrances. One for the restaurant, one for 2 apts. at 765 S. 8th St. and one at the entrance on Fulton St. that houses 5 apts.

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This data is up-to-date as of 11/01/2024 12:11 AM. Listing provided by Lorraine B Pappalardo of Mercury Real Estate Group.
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