A rare chance to acquire a mixed-use 8-Unit portfolio with immediate income delivering Powerful 9.29% Cap Rate with room to increase. **Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 9.29% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.
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Listing Snapshot
Price
$1,148,000
Days On Site
3 Days
Bedrooms
11
Inside Area (SqFt)
9,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1925
MLS® Number
PAPH2669258
Status
Active
Property Tax
$8,432
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Invite
Recent Activity
2 days ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
0.05
Cross Street
Atwood Rd
Foundation
Other
Number Of Stories
3
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
9000
SqFt Total
9000
Style
Other
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available