Excellent Mixed-Use Investment Opportunity in a Prime Location!
This well-positioned 3-story mixed-use property offers an excellent opportunity for an investor seeking multiple income streams and strong rental potential. The property features three income-producing units, including a street-level commercial storefront and two spacious 3-bedroom residential apartments.
The commercial storefront is currently rented for $1,700/month, providing immediate income and excellent visibility in a high-traffic location. The two residential 3-bedroom apartments generate $1,000/month and $1,400/month, respectively, creating a total current gross rental income of $4,100 per month, or $49,200 annually.
With a desirable mix of commercial and residential income, relatively low taxes and insurance, and strong rental demand in the area, this property offers an attractive opportunity for investors looking for cash flow and long-term potential.
Conveniently located near the 60th Street Terminal, public transportation, shopping, restaurants and neighborhood amenities, the property benefits from excellent accessibility and visibility.
Three income-producing units + $49,200 in current annual gross rental income + low operating costs = an excellent investment opportunity.
Whether you're looking to add to your portfolio or seeking your first income-producing property, this property offers a compelling combination of location, income and investment potential.
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Listing Snapshot
Price
$300,000
Days On Site
4 Days
Bedrooms
6
Inside Area (SqFt)
2,745 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1925
MLS® Number
PAPH2675614
Status
Active
Property Tax
$2,682
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
4 days ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Permanent
Parking
On Street
Property Sub Type
Triplex
Special Circumstances
Standard
SqFt Above
2745
SqFt Total
2745
Style
Bi-level
Water Source
Public
Zoning
CMX3
Interior Features
Appliances
Gas Water Heater
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Block
Pool Features
None
Community Features
MLS Area
19139 (19139)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty Devon-Wayne
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