738 S 8TH STREET

PHILADELPHIA, PA, 19147

$5,500,000

$399 per ft²
$5,500,000
$399 per ft²
Active
Active
 - For Sale
carpenters-square
13,776 ft²
property_type
Commercial
calendar
Built 1990
These well-maintained boutique buildings are being offered by Ownership as a package sale (or individual) including the 8-plex (8 units) at 763-5 S 8th St and the 6-plex (6 units) at 736 S 8th St. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. Located on the same block (critical mass), these assets remain perennially in-demand. Rents have not been raised historically. Rental upside is approximately 25%. Each building consists of ground floor commercial with apartments above. They’re both well-known properties with commanding corner presences. There are deluxe outdoor spaces (roofdecks) on each building and plentiful natural light in the apartments. The locations are walkable to the best amenities South Philly has to offer, including Bella Vista, Italian Market, East Passyunk, Broad and Washington — with easy access to Center City and University City alike. The properties are offered “as-is.”
MLS® ID:
PAPH2208260
Updated:
3/24/23
Compass - Kristen Foote & Co.
Kristen Foote
Mobile: 215-767-0754Email: kristen.foote@compass.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Central

Exterior/Building Features

Lot Size
2,592 ft² lot
Lot Details
Corner
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name
19147 (19147)
Taxes
$0.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
CMX2
Sub Agency Compensation
0
Buyer Agency Compensation
2.5
Transaction Broker Compensation
0

Courtesy of Compass Pennsylvania, LLC, Ryan McManus

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2023 BRIGHT MLS. All rights reserved.

Data last updated 6:46 PM UTC, 3/24/23

Compass - Kristen Foote & Co.
Kristen Foote
Mobile: 215-767-0754Email: kristen.foote@compass.com
Contact