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118 N 3RD ST
Old City

$2,200,000

$17,876 tax

Philadelphia school district

Zipcode 19106

MLS# 5810274

For more information or to see this property contact the Philly Living team at (215) 609-3308

Turn key investment opportunity or live/work space with sale and/or rental income. Fully leased income producing building with 4.78% cap rate and huge potential. ommercial unit consists of basement, 1st and 2nd floor completely fitted out for high-end retail featuring incredible light-filled, pristine renovation, high street visibility. 3 levels of showroom space plus kitchenette, powder room and rear patio. 3 residential, full floor units on upper floors. 3r floor is 1bed/1.5 bath renovated by award-winning Qb3 architects featuring the minima lifestyle home. 1375 sf with 9.5' ceilings. European chef's kitchen including state of the art Gaggenau, Mielle and Liebherr appliances. Baths feature Bisazza tiles, Duravit soaking tub and glass enclosed shower. Lots of closet space. 4th floor is very large 1 bed/1 bath classic loft, 1375 sf with 9.5' ceilings. 5th floor 2 bed/2 bath classic loft with huge center skylight and roof access. Fully leased. Commercial lease subject to negotiation. 2 parking spaces avail.

Listed by Plumer & Associates Inc.

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