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Philadelphia,PA 19146
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2546878
Year Built 1915
Annual Tax Amount $8,779
Tax Year 2025
Lot Size 1,050 Sqft
Acres 0.02
Lot Dimensions 18.00 x 60.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime corner property offering income and upside in one of Philadelphia's most desirable submarkets. The building features three units — a renovated commercial space and two residential apartments — all separately metered. Unit 1F (Commercial): Recently updated corner storefront, currently leased at $1,250/month, ideal for steady cash flow. Unit 2 (Residential): Renovated one-bedroom apartment rented at $2,080/month, featuring Hazelwood cabinetry, tile flooring, modern bath, and in-unit laundry.
Unit 1R (Residential): Vacant one-bedroom with past rent of $1,300/month — ready for cosmetic upgrades or repositioning to maximize returns. Located just one block from Naval Square and minutes from South Street Bridge, CHOP, UPenn, and Rittenhouse Square, this property sits in a 95 Walk Score corridor with consistent rental demand and strong appreciation trends. A solid value-add opportunity: collect income while improving the remaining unit to boost NOI and long-term equity.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air,Baseboard - Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 302226900
Ownership Fee Simple
Acceptable Financing Seller Financing,Cash,Bank Portfolio,Conventional
Listing Terms Seller Financing,Cash,Bank Portfolio,Conventional
Financing Seller Financing,Cash,Bank Portfolio,Conventional
Special Listing Condition Standard