609-11 E Allegheny Ave, Philadelphia, PA 19134

Property Description

Come check out this multi purpose, multi-family property with mixed use purposes. There are multiple rooming units along with a studio and 2 apartments. This building brings in a gross monthly income of $11,000 on average. The annual gross income is around $132,000. Rental amounts are as follows: Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and 1 half bathroom for communal use. First Floor:1bed 1bath Apartment $800, The office space includes a bathroom and can rent for $800-$1200. The office is currently being used by the owner. Apartment 2 =2 Bed, 1 Bath rents for $1100. On the Second Floor: Room 1 $500, Room 2 $500, Room 3 $400, Room 4 $450, Room 5 $500, Room 6 $400, Room 7 $400, Room 8 $500. There are 2 full bathrooms for communal use. Additional features include a rubber roof which was installed in 2018, and a sewer line which was replaced in 2023. The building includes a fire alarm system and 4 fire exits. Each room is heated by its own electric space heater. The electric is serviced by 2 electrical meters which have 200AMP Service.