For Sale
Sale Pending
2149 Catharine St Unit 1, 1, Philadelphia, PA 19146
  • Condo
  • 0 Bedrooms
  • 0 Bathrooms
  • 3400 Sq Ft
$400,000
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2149 Catharine Street Unit 3 & 4

2149 Catharine St Unit 1 is a commercial condo space for sale. It is currently occupied by Ultimo Coffee (5 year tenant with 5 more years on the lease). Currently rented for $2350 a month with $600 increases in January annually. Monthly condo fee $177. Building is 12 years old, fully sprinklered. Tenant pays half of the real estate taxes and building insurance. Basement has a high ceiling and has been used for storage. This is a 9% return cap rate at asking price. The real estate taxes are estimated since the property is not sold with the new tax id number. Upper roof was coated with 2 year warranty.
   
   
 
             
   

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  • Stories: 1
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  • MLS ID: PAPH2315608
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