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175-177 MARKLE STREET
Philadelphia, PA 19127

Multifamily in Manayunk / Philadelphia / PA / 19128

$749,900

20% Min Down
Entire Building
4,208 Sqft
$178 / Sqft
Listed May 15th, 2020, Built in 1900
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Common Charges
$0
Property Taxes
$4,201
Mortgage
$2,778
Total Monthly Payment
$6,979
Est. Rental Income
$1,220
Cap Rate
-4.77%
HopScore Analysis
HopScore Market Price:
$757,399
Difference from Asking Price:
$7,499
Closest Comparable:
None Found
Description
Turn-Key Apartments, Tavern and Restaurant business in a 4-unit two Buildings consisting of 1st Floor Tavern and Restaurant and Two 2nd Floor Apartments (offering 3 Bedrooms in one unit and 4 Bedrooms in the other unit) including a 1-Car Detached Garage and Rear Yard, all located in an increasingly popular area of Manayunk. Tavern and Restaurant currently leased for $3,500 a month. 3BR currently being rented for $1,250 and 4BR currently being rented for $1,400. Garage market rental value is $500. Real Estate (Two Parcels included in the sale), Business Concept, FF and E all included in the sale. The corner location gives it outstanding visibility and high traffic ensures its marketability. Excellent opportunity to acquire this turnkey, well established business and enjoy instant cash flow and a quick return on investment. LIQUOR LICENSE SOLD SEPARATELY

The manager has listed the unit size as 4208 square feet.
Features & Amenities
Basement
Window Unit(s) A/C
Exterior: Stone
Exterior: Stucco
Hot Water
Listed By
Mario Di Nenna
(484) 498-4000
Springer Realty Group
Price History
Date Event Price Source
2021-01-21 Price Drop $749,900 Listing Records
2020-12-02 Price Drop $799,900 Listing Records
2020-11-05 Price Drop $849,900 Listing Records
2020-10-21 Price Drop $899,000 Listing Records
2020-09-22 Price Drop $950,000 Listing Records
2020-08-29 Price Drop $1,000,000 Listing Records
2020-08-08 Price Drop $1,100,000 Listing Records
2020-07-23 Price Drop $1,200,000 Listing Records
2020-05-30 Price Drop $1,250,000 Listing Records
2020-05-15 Listed $1,300,000 Listing Records
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Recent Transactions at 175-177 MARKLE STREET
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Nearby Schools

(within attendance boundary)
Cook-Wissahickon Sch  •  0.37 mi
201 E Salaignac St, Philadelphia, PA 19128
Public  •  Elementary  •  Grades PK to 8
Philadelphia City School District
Amy NW  •  0.64 mi
6000 Ridge Ave, Philadelphia, PA 19128
Public  •  Middle School  •  Grades 6 to 8
Philadelphia City School District
Roxborough HS  •  1.15 mi
6498 Ridge Ave, Philadelphia, PA 19128
Public  •  High School  •  Grades 9 to 12
Philadelphia City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
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Comparable Apartments for Rent
No comparable nearby rentals / sublets
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