Unit Garrett House
Available
December 15, 2023
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Available on
December 15, 2023
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Time on Market
5 months
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Last updated
Dec 14, 2023
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Space ID
2152600
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Presented By
Cushman & Wakefield, Inc.Andrew J. SchwartzJordan N. Sobel
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Property Details
Garrett Road is a main street through Drexel Hill offering superior street visibility and access to potential tenants. 3 story walk-up construction limits operating expenses by eliminating the need for elevators, allowing for improved building operating efficiency.. Building average rent is $877 / month which translates to $1.67 psf/ month compared to ~$2.20 psf/ month in renovated units in the area.. Recent capital expenditures at the property (Oil to Gas conversion; Roof Coating, etc.) allows an investor to deploy capital efficiently upon acquisition.
- Property TypeMulti-Family
- Total Building Size57RSF
- Last updatedDec 15, 2023
- Property ID2230865
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