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2244 N Front Street

PHILADELPHIA, PA 19133
  • $1,000,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: PAPH2092646
UPDATED: 47 min ago
$1,000,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

MEDICAL PROFESSIONAL INVESTMENT ALERT!!! Cashflowing low overhead medical practice in a booming neighborhood with high demand for a healthcare practice, multiple medical practitioner office and high potential for high cashflow urgent care site with telemedicine practice operational and in place. This is a rare , very lucrative and golden opportunity for an existing or emerging primary care practitioner to achor into a community thriving in growth. This double wide property is currently being used as a general medical practice. New construction is everywhere on this critical artery of the Fishtown Kensington development boom. This is a turn key high volume cash flowing operation for medical professionals looking for opportunity in an up and coming neighborhood. The Practice: Over 2,000 patients with insurance providers including medicare advantage, medicaid, blue cross blue shield, personal choice, keystone health plan east and other. The practice has $300,000 in gross revanue with $65k annual expenses. The Property: The 1st floor is straight through both parcels and has no dividing wall. The basement is separated by a dividing wall as well as the 2nd and 3rd floors. The 2nd and 3rd floor are used for storage and are currently not occupied. These properties and medical practice can be bought collectively or separately. The asking price for each property is $200,000 and the medical practice is asking $600,000 to buy the business. This can be a fantastic opportunity for any medical professional looking to start a practice, already have clientele in place and begin making money the day after closing. The medical practice roughly brings in about $250,000/year.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Exp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T22:58:31.663.
www.debbiejett.com/homes/127831859
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2244 N Front Street PHILADELPHIA, PA 19133

  • Price: $1,000,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 47 min ago
  • ID#: PAPH2092646
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1925
Built
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
MEDICAL PROFESSIONAL INVESTMENT ALERT!!! Cashflowing low overhead medical practice in a booming neighborhood with high demand for a healthcare practice, multiple medical practitioner office and high potential for high cashflow urgent care site with telemedicine practice operational and in place. This is a rare , very lucrative and golden opportunity for an existing or emerging primary care practitioner to achor into a community thriving in growth. This double wide property is currently being used as a general medical practice. New construction is everywhere on this critical artery of the Fishtown Kensington development boom. This is a turn key high volume cash flowing operation for medical professionals looking for opportunity in an up and coming neighborhood. The Practice: Over 2,000 patients with insurance providers including medicare advantage, medicaid, blue cross blue shield, personal choice, keystone health plan east and other. The practice has $300,000 in gross revanue with $65k annual expenses. The Property: The 1st floor is straight through both parcels and has no dividing wall. The basement is separated by a dividing wall as well as the 2nd and 3rd floors. The 2nd and 3rd floor are used for storage and are currently not occupied. These properties and medical practice can be bought collectively or separately. The asking price for each property is $200,000 and the medical practice is asking $600,000 to buy the business. This can be a fantastic opportunity for any medical professional looking to start a practice, already have clientele in place and begin making money the day after closing. The medical practice roughly brings in about $250,000/year.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2016.00 Cooling Central A/C Heating Baseboard - Electric Heating YN Yes Net Square Feet 2016.00

Property Features

Accessibility Features Doors - Swing In Assessment Year 2022 Business Type Medical Central Air YN Yes Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801393959022 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Septic Tax Annual Amount 1380.00 Tax Assessment Amount 98600.00 Tax Lot 117 Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Ergo Real Estate Company.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Exp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T22:58:31.663.
 
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Debbie Jett | Exp Realty
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Fredericksburg VA, 22401