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$1,250,000
New Listing

6522 LEBANON AVENUE
PHILADELPHIA, PA 19151

For Sale|Townhouse|Active
12
Beds
0
Total Baths
9,000
SqFt
$139
/SqFt
1925
Built
Subdivision:
OVERBROOK FARMS
County:
PHILADELPHIA
Listing courtesy of Elite Realty Group Unl. Inc.

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6522 LEBANON AVENUE6522 LEBANON AVENUE6522 LEBANON AVENUE6522 LEBANON AVENUE
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Turnkey 8-Unit Cash Cow delivering Powerful 7.4% Cap Rate with room to increase. **Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 7.4% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
0 Days
Bedrooms 
12
Inside Area (SqFt) 
9,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1925
MLS® Number 
PAPH2590848
Status 
Active
Property Tax 
$8,432
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 hours agoListing first seen on site
3 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.05
Cross Street 
Atwood Rd
Foundation 
Other
Number Of Stories 
3
Parking 
On StreetDrivewayParking Lot
Parking Spaces 
3
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
9000
SqFt Total 
9000
Style 
Other
Utilities 
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
Water Source 
Public
Zoning 
CMX2
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirCeiling Fan(s)Window Unit(s)Electric
Electric 
200+ Amp Service
Flooring 
LaminateHardwoodCeramic Tile
Furnished? 
All Units
Heating 
Natural GasHot WaterOther
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19151 (19151)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Elite Realty Group Unl. Inc.



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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