$3,500,000
$3,500,000
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20,640 SqFt
SOLD DATE : 03/03/2022
Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 20,640 sqft
Price per Sqft $169
Subdivision Wynnefield
MLS Listing ID PAPH2048920
Sold Date 03/03/22
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $37,377
Tax Year 2021
Lot Size 10,140 Sqft
Acres 0.23
Lot Dimensions 60.00 x 169.00
Property Description
Located in the red-hot Wynnefield neighborhood, and with beautiful old-world charm and character, the Gainor is your perfect investment opportunity. 36 units that are always occupied (two units are being turned over at present), so keep the building as-is or add value with improvements to match the neighborhood improvements. This c. 1926 building is professionally managed and has had the same owners for the past 36 years. Just three blocks from St Joes, there is new construction and rehabs everywhere you look. The Gainor consists of 23, one-bedroom units and 13 studios. Elevator building, large on-site laundry room. Quick walk to the Septa Regional rail via Center City. Numerous Bus Stop to Center City, KOP Mall, etc. Shopping along City Avenue. Solid rental history.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RSD3
Interior
Hot Water Natural Gas
Heating Other
Cooling Wall Unit
Flooring Hardwood
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881155930
Ownership Fee Simple
SqFt Source Assessor
Security Features Fire Detection System,Intercom,Main Entrance Lock
Special Listing Condition Standard
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