Philadelphia, PA 19128,359 LYCEUM AVE
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Philadelphia, PA 19128,359 LYCEUM AVE
Philadelphia, PA 19128,359 LYCEUM AVE
Philadelphia, PA 19128,359 LYCEUM AVE
Philadelphia, PA 19128,359 LYCEUM AVE
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Tamika R. Johnson

Tamika R. Johnson

+1(240) 602-4348
Listed by Ryan McManus • Keller Williams Liberty Place
$ 970,000
Est. payment /mo
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Under Contract

359 LYCEUM AVE Philadelphia, PA 19128

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Under Contract

Purchase Type For Sale

Subdivision Roxborough

MLS Listing ID PAPH2521250

Year Built 1900

Annual Tax Amount $10,586

Tax Year 2024

Lot Dimensions 39.00 x 150.00

Property Sub-Type Other

Source BRIGHT

Property Description

359 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. 359 Lyceum is comprised of three (3) 1bd x 1ba apartments, one (1) 2bd x 1ba apartment and one (1) 2bd x 2ba apartment in a handsome 3-storey, ±4670 SF structure with a private driveway for 1:1 tenant parking and private auxiliary unit/ADU. Invest in a Top-10 USA MSA with this 8% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning RSA3

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Flooring Hardwood

Heat Source Central

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 212098600

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)
Tamika R. Johnson

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

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359 LYCEUM AVE

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