Property
Philadelphia, PA 19140 1342 W Westmoreland Street
$525,000
1 more
Presented By: Keller Williams Realty Devon-Wayne
SQFT • 1,487
Home Details
Up for sale is a spectacular investment opportunity. This is just one of 4 buildings for sale that offers a good return on investment and is also fully occupied. Building has 5 units. Tenancy has been consistent. See attached financials. Property has been well kept. Pictures are courtesy of seller. Walkable to Temple University Hospital and other Temple medical buildings and teaching facilities. Convenient train ride from New York to North Philadelphia Amtrak station. From there just a 2 minute ride to property. Seller would like to sell this property along with 3313 N. Park Ave. 3315 N. and Park Ave, 3258 N. Park Ave as a package, but would be open to individual offers.
Presented By: Keller Williams Realty Devon-Wayne
Interior Features for 1342 W Westmoreland Street
Other Interior Features
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1342 W Westmoreland Street
AccessibilityNone
Business TypeApartment Building
Cap Rate7.30
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsFrom City Hall, take Broad St north and turn right at Westmoreland. Property is on right.
Gross Income47820.00
HeatingBaseboard - Hot Water
Insurance Expense3000.00
Lot Size Square Feet1487.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
Maintenance Expense2000.00
ModificationTimestamp2025-07-10T07:49:55
MunicipalityPHILADELPHIA
Net Operating Income38459.00
New ConstructionNo
Number Of Units Total5
Operating Expense9361.00
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG353.06
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4367.0
Tax Assessed Value312000.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningCMX3
Exterior for 1342 W Westmoreland Street
Building Area Total1487.00
Car Parking Spaces
Land Assessed Value93600.00
Land Use CodeCA0
Lot Dimensions16.00 x 92.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Aneesa Pinheiro
Associate