About This Home
This 0-bedroom, 0-bathroom multi-family at 6411 VINE Street in Philadelphia, PA is listed for $499,900 ($238 per sqft). Built in 1915, the home offers 2,100 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1915
- 0.04 acre lot
- 2 parking spaces
Property Details
Turnkey CMX mixed-use property offering an excellent opportunity for investors, business owners, or owner-occupants. The property features four efficiency apartments, with three currently leased and one vacant, providing immediate income with additional upside.
The fully renovated commercial space, formerly operated as a daycare, is vacant and ready for its next owner or tenant. Whether you're looking to expand your investment portfolio, operate your business on-site, or live in one unit while generating rental income from the others, this property offers exceptional flexibility.
The CMX zoning allows for a variety of commercial uses, making it ideal for daycare, office, retail, professional services, and more (buyer to verify intended use). The property has been thoughtfully updated and is move-in ready, allowing the next owner to begin generating income immediately without the need for renovations.
In addition to ample street parking, the property also features a two-car garage in the rear, providing valuable off-street parking for owners, tenants, or business customers. Conveniently located near public transportation, shopping, schools, and major roadways, this is a rare opportunity to own a versatile, income-producing property in West Philadelphia.
Current Gross Annual Income 3 occupied units = $33,600/year Potential Gross Annual Income (once fully leased): 4 efficiency units approx $44,400/year Commercial space (estimated at $2,000-$2,800/month): $24,000-$33,600/year Potential Gross Income: $68,400-$78,000/year Schedule your private showing today.
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6411 VINE Street
Philadelphia, PA 19139
Property Details
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 6411 VINE Street is listed at $499,900 ($238/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 0.04 acre lot, 2 parking spaces.
This property is listed by Shakita M. Boswell and can be reached at 2678040086.