1016 Cottman Avenue Philadelphia, PA 19111
Commercial and residential building with high traffic and income potential.
Type:Multi-Family / Fee Simple
Property size:
8,542 SF- Added:
- Jul 2, 2021
- Days on Market:
- 1750
- Last Refresh:
- Mar 13 at 2:23 pm
Property Features for 1016 Cottman Avenue
General Information
- Standard status
- Active
- Size
- 8,542 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agent Jie Chen (215) 820-1621
Listing office Home Max Realty (215) 820-1621
Listing date Jul 2, 2021
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Home Max Realty
Overview
Mixed-Use Building on Main Street
This mixed-use building, totaling 8542 square feet, is located on a main street with high traffic volumes. It features two commercial spaces and five residential units, including three one-bedroom units and two two-bedroom units. The property is fully leased with long-term tenants. Each of the five residential units has individually separated entrances. The tenants are responsible for their own utility bills. The property includes separated gas meters, electric meters, and hot water heaters, as well as a gas boiler. Some units feature central A/C. There is easy parking in the front, plus a large private parking area in the rear. The property is located within walking distance of the intersection of Cottman Avenue and Oxford Avenue, across the street from a school, and near the Asian Museum. The annual rental income is $114,300. The property is located in the 19111 MLS Area, Philadelphia County. The school district is The School District of Philadelphia.
Location Intelligence
Current Use by Public Records
Young With Options ...
Daycare Center
Prolific Young Treasures ...
Daycare Center
Tic Tac Nail ...
Nail Salon
Quality Time For Your ...
Daycare Center
Bruce Inc
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.0829857
- Latitude
- 40.0605663
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FAQs
What type of property is this?
Mixed-use property - Commercial and residential building with high traffic and income potential.
Where is this mixed-use property located?
The property is located at 1016 Cottman Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: High income‑producing investment property with $114,300 annual rental income and a cap rate of 6% or higher.; Fully leased with long‑term tenants, ensuring steady income stream.; **Prime location on the main street with high traffic volume, close to a major intersection (Cottman & Oxford) and key landmarks (School, Asian Museum).**
