1016 Cottman Ave, Philadelphia, PA 19111

Local realty services provided by:ERA Reed Realty, Inc.
1016 Cottman Ave,Philadelphia, PA 19111
$1,680,000
  • 7 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jie chen
Office: home max realty
MLS#:PAPH2094662
Source:BRIGHTMLS

Price summary

  • Price:$1,680,000

About this home

True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be

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Home facts

  • Year built:1950
  • Listing ID #:PAPH2094662
  • Added:1085 day(s) ago
  • Updated:January 17, 2026 at 03:43 PM

Rooms and interior

  • Bedrooms:7

Heating and cooling

  • Cooling:Central A/C
  • Heating:90% Forced Air, Natural Gas

Structure and exterior

  • Year built:1950
  • Lot area:0.2 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,680,000
  • Tax amount:$6,241 (2023)

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