CORNER OF 3RD AND CATHARINE ST. Prominent Corner Property with Renowned “Dimitri’s” Restaurant as First Floor tenant with the use of the entire basement as a clean preparation and storage area. The second and Third Floors consist of two large, sunny,one bedroom apartments with a separate entrance on Catharine Street, which could be converted into a spectacular Bi Level apartment with a large roof deck. This property represents a unique investment opportunity as an income producing property as well as an owner occupied residence with rental income and/or business.In the Last Two Years the infrastructure has been improved with a brand new roof, all new cabinets, new heater and hot water tanks Heat is included in the rent. Second and Third Floor unit pays for their cooking gas and electric.
There is one meter for the building.
The property has oil heat ($250 a month average). The heating bill is an arrangement
the owner has with the Restaurant, they pay the heating bill. Likewise, the Restaurant
pays the hallway lighting. There is no house meter. YEARLY INCOME: $55,740

Square Footage includes Basement.

Square Foot: 2600

Lot Size: 16x48

Taxes: $5735/2012

Heating: Oil & Radiator heat with gas winter/summer conversion.

Prudential Fox Roach Realtors is an Independently Owned and Operated Member of the Prudential Real Estate Affiliates, Inc.Kathleen Conway and Patrick Conway are registered as the Kathy Conway Team of Realtors at 530 Walnut St., Suite 260, Philadelphia, PA 19106. Licensed in PA & NJ.REALTOR - A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which the REALTOR holds. Although deemed accurate, this information is subject to errors, omissions and changes without notice. An Independently Owned and Operated Member of the Prudential Real Estate Affiliates, Inc.