#PAPH2516502, Brian George, Listing office: Re/Max One Realty
Property details
About 1016 Cottman Ave
True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
Highlights
Home typeOther
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
BasementYes
Lot size0.2 Acres
Year built1950
ParkingParking Lot
MLS #PAPH2094662
Summary
- Basement: Yes
- Parking: Parking Lot
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,680,000
- Annual Tax Amount: $6,241
- Tax Year: 2023
- Directions: use GPS
- Year Built: 1950
- Municipality: Philadelphia
- Lot Size: 0.2 Acres
- MLS Number: PAPH2094662
- MLS Name: BRIGHT
- Office Name: Home Max Realty
- Office Phone: (215) 904-7508
- Listing Agent: Jie Chen
- Agent Phone: (215) 820-1621
- Agent Email: mcmaxrealtor@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 22, 2014 | Home Sold | $720,000 |
| Feb 23, 2005 | Home Sold | $535,000 |
| May 05, 2004 | Home Sold | $425,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $445,900 | $6,241 |
| 2022 | $445,900 | $6,241 |
| 2021 | $- | $6,241 |
| 2020 | $445,900 | $6,241 |
| 2019 | $444,800 | $6,226 |
| 2018 | $432,600 | $6,055 |
| 2017 | $683,400 | $9,566 |
History based on county public records data.
Nearby schools
4
Kennedy Crossan Academic Plus Elementary School
Public District KG-5
0.1 mi
•7350 Bingham St
6
J. Hampton Moore School
Public District KG-5
0.9 mi
•6900 Summerdale Ave
6
Fox Chase Academics Plus School
Public District KG-5
1.0 mi
•500 Rhawn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,715. The majority of Philadelphia, PA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
31%
<35k
62%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
14%
Single, with Kids
26%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Popeyes
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1016 Cottman Ave
The listing price of 1016 Cottman Ave property is $1,680,000.
The property 1016 Cottman Ave is a house located in Philadelphia, Pennsylvania, 19111.
Active Listing: 1016 Cottman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1016 Cottman Ave are: Kennedy Crossan Academic Plus Elementary School (GreatSchools Rating 4/10), J. Hampton Moore School (GreatSchools Rating 6/10), Fox Chase Academics Plus School (GreatSchools Rating 6/10), Woodrow Wilson Middle School (GreatSchools Rating 5/10), Louis H. Farrell School (GreatSchools Rating 6/10), Benjamin Franklin School (GreatSchools Rating 3/10), Northeast High School (GreatSchools Rating 4/10), Tacony Academy Charter School (GreatSchools Rating 5/10), Mast Community Charter School II (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $6,241 (source: MLS/based on county public records data).
The last sale was on October 22, 2014 for $720,000 (source: MLS/tax record).
The property at 1016 Cottman Ave has 0 bathroom.
The sq. ft. of 1016 Cottman Ave is not available (source: MLS/tax record).
The year of construction for 1016 Cottman Ave is 1950.
This home is located at 1016 Cottman Ave in Philadelphia, PA and zip code 19111 in the Oxford Circle neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2022 and is currently priced at $1,680,000.
The number of homes for sale in Philadelphia, PA increased by 36.5% between May and June 2025. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.
From Rocket Homes Real Estate and based on county public records data.