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These well-maintained boutique buildings are being offered by Ownership as a package sale (or individual) including the 8-plex (8 units) at 763-5 S 8th St and the 6-plex (6 units) at 736 S 8th St. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. Located on the same block (critical mass), these assets remain perennially in-demand. Rents have not been raised historically. Rental upside is approximately 25%. Each building consists of ground floor commercial with apartments above. They’re both well-known properties with commanding corner presences. There are deluxe outdoor spaces (roofdecks) on each building and plentiful natural light in the apartments. The locations are walkable to the best amenities South Philly has to offer, including Bella Vista, Italian Market, East Passyunk, Broad and Washington — with easy access to Center City and University City alike. The properties are offered “as-is.”
|8 hours ago||Listing updated with changes from the MLS|
|4 weeks ago||Listing first seen online|
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