1204-1206 E PALMER Street
1204-1206 E PALMER Street Philadelphia, Pennsylvania 19125 United States

$1,300,000
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Elfant Wissahickon Realtors

Listing Courtesy of Elfant Wissahickon Realtors
$1,300,000
Change Currency
4,127 Sq Ft.
Interior
.04 Acres
Exterior
Multi Family
Property type
2016
Year Built
PAPH995628
Web Id
PAPH995628
MLS ID
FISHTOWN
Subdivision
Philadelphia City
School District
10
days ago

About 1204-1206 E PALMER Street

Calling all savvy investors and owner occupants looking for a sound investment! Welcome to 1204 and 1206 E. Palmer street. Reconstructed from the ground up in 2016, these two multi-use triplex properties check all the boxes! Live, work and invest in Fishtown, one of Philly's hottest locations and most in demand residential submarkets. With over $8,000 in projected income from 4 residential units, 2 commercial office spaces and approximately 4 years remaining on the tax abatement these two properties are sure to cash flow! Currently vacant, the bi-level commercial space at 1204 is an easy move in for any local satellite office or small business creative space. This commercial space was previously rented out at $1,375. Two studios can be found just above on floors two and three, each with their own dishwasher, washer/dryer, central AC and smart video alert system. With leases ending this summer, jump on the chance to live in one of the studios and rent out the rest of the property and maximize your investment return! 1206 has two, 2 bedroom residential units very similar in design with in unit laundry, dishwasher, a smart video alert system and beautiful hard wood flooring. These 2 bed/ 1 bath units are laid out perfectly with each bedroom flanking the kitchen and living space. Both residential units at 1206 are currently occupied and are bringing in a combined income of $2,820. The commercial space at 1206 is a large bi-level office, currently being rented out month to month for $1,660. Spanning just over 4,000 square feet, these two triplexes really are a smart investment opportunity in the heart of Fishtown. Dont miss your opportunity to make your investment dreams come true!

Listing Courtesy of Elfant Wissahickon Realtors

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

features

cooling
Electric
Style
Contemporary

PROPERTY INFORMATION

Basement
Full, Fully Finished
Cooling
Central A/C
Heating
Central
Sewer
Public Sewer
Style
Contemporary

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Elfant Wissahickon Realtors