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Fairmount 5 Unit 835-837 Corinthian Ave
5,280 SF 62% Leased Retail Building Philadelphia, PA 19130 $1,550,000 ($294/SF) 8.84% Cap Rate
Investment Highlights
- Projected Gross Rent: $157,200 Annually - All Tenants Paying
- 2 Blocks from Fairmount Ave - A Major Commercial Coordinator in Philadelphia
- Management Company Available To Oversee The Building
- 5-unit Property Consisting Of Studio 1 & 2-bedroom Apartments
- Large Upside In Appreciation With Historically Steady Values
Executive Summary
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
835 Corinthian Ave is a beautifully renovated large commercial space on the first floor.? This space is located in a sought-after area with easy access to amenities, schools, and transportation.? Street Parking Available and it's 2 Blocks from Fairmount Ave - A Major Commercial Coordinator in Philadelphia.? This blank space is awaiting your personal deisgn touch.? The large industrial style windows welcome in plenty of natural light.? Outside access to the basement for storage and access from the unit directly to the alley.?
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,000 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
835 Corinthian Ave is a beautifully renovated large commercial space on the first floor.? This space is located in a sought-after area with easy access to amenities, schools, and transportation.? Street Parking Available and it's 2 Blocks from Fairmount Ave - A Major Commercial Coordinator in Philadelphia.? This blank space is awaiting your personal deisgn touch.? The large industrial style windows welcome in plenty of natural light.? Outside access to the basement for storage and access from the unit directly to the alley.?
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,448,000 | |
| Land Assessment | $289,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,158,400 | Tax Year | 2024 |
PROPERTY TAXES
Presented by
Fairmount 5 Unit | 835-837 Corinthian Ave
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