763-65 S 8th St, PHILADELPHIA, PA

$2,999,999

Previous Next

6,000

Square feet

0.07

Acres

About 763-65 S 8th St

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.

Features of 763-65 S 8th St

MLS® # PAPH2415656
Price $2,999,999
Bathrooms 0.00
Square Footage 6,000
Acres 0.07
Year Built 1911
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 763-65 S 8th St
Area 19147
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19147

Amenities

View City
Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Lot Description Corner Lot

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed October 31st, 2024
Days on Market 6
Zoning CMX1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMercury Real Estate Group
Contact Info(215) 462-5100

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?