18 W Evergreen Ave, Philadelphia, PA 19118 - $442,150

Prime Office Location with 2 BR Apartment
3,506
18 W Evergreen Ave, Philadelphia, PA 19118 - $442,150 SOLD FOR:  $442,150 REQUEST MORE INFO

Prime first floor Office Location with a 2 bedroom apartment above just steps from the Top of the Hill, includes 5 car parking. The 1400 sq. ft. first floor space is wheelchair accessible and includes a small kitchenette and half bath, multiple office and conference spaces, phone and internet ready. Upstairs 2 bedroom apartment is 1554 sq ft, bi-level apartment with a full bath and kitchen. Plenty of natural light enters both the first floor space and the apartment upstairs. Easy access to town and surrounding suburbs, directly across the street from the Chestnut Hill West Train Station and easy access to additional public transportation on Germantown Avenue. This is an excellent opportunity to be in the heart of Chestnut Hill’s Business District. Walk to everything including restaurants, shopping, trains and the beautiful Wissahickon Valley. As of 10/2017, First floor commercial space is in year 2 of a 5-year lease and current rent is $1,632/mo, plus the expenses. Each year the rent goes up. After year 5 the tenant has 3 two-year options to renew. Each with rent increases. The second-floor apartment is $1400 per month plus $150 for gas and water and tenant pays electric. It is a month to month lease with a 90-day notice from either party. Seller is a licensed PA Realtor.

Property Details Sold

3,506
Philadelphia
PA
19118
Single Family
5,662
1912
Chestnut Hill
7063637
Mark Malfara

Mark Malfara

Mark Malfara is a lifelong resident of the Philadelphia area. He has extensive knowledge of Philadelphia and the surrounding suburbs and has provided real estate tours for relocation clients since 2004.

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Michael Sivel

Michael Sivel

Co-Listing Agent

Michael Sivel knows what it takes to sell your home and, as leader of The Sivel Group and a Fine Homes Specialist for Berkshire Hathaway Home Services Fox & Roach, Realtors, he can guarantee you success in the Philadelphia and Montgomery County markets.

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