1,638 Sqft Lot
1,638 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2594726
Year Built 1930
Annual Tax Amount $15,122
Tax Year 2025
Lot Size 1,638 Sqft
Acres 0.04
Lot Dimensions 18.00 x 91.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The property includes two spacious 2-bedroom apartments and two 1-bedroom apartments, along with a ground-floor retail space currently occupied by a mini-mart with a long-term lease. The commercial tenant pays $3,000/month plus one-third of the real estate taxes and one-third of the property insurance, providing a stable income stream.
One 1-bedroom unit is currently rented for $800/month on a month-to-month lease, while the remaining residential units are vacant after being previously occupied by family members, offering immediate value-add potential for new ownership. With rental demand in the area strong, 2-bedroom units in the neighborhood commonly command $1,500–$1,800 per month.
The property does require some updates, presenting an excellent opportunity for investors to renovate, increase rents, and maximize returns in a prime Center City location surrounded by restaurants, shopping, and convenient transportation.
For additional information or to schedule a showing, please contact the listing agent.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Radiator
Cooling None
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility Level Entry - Main, 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871600230
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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