UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Walnut Hill
MLS Listing ID PAPH2320258
Year Built 1920
Annual Tax Amount $1,308
Tax Year 2023
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 15 x 125
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, washer/dryer, and new plumbing. Priced at $1000 per month, its private fenced yard adds an extra allure.
Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns.
To sweeten the deal, the property offers off-street parking for 1–2 cars, potentially yielding an additional $50–$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound.
Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!
Location
Province PA
County Philadelphia
Area 19139 (19139)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Standard
Nearby School & Business
- 10
Penn Alexander School
Public | KG - 8
- 8
Penn Wynne Elementary School
Public | KG - 5
- 8
Merion Elementary School
Public | KG - 5
- 5
East Lansdowne Elementary School
Public | KG - 6
- 5
W B Evans Magnet School
Public | KG - 6
- 4
Bywood Elementary School
Public | 1 - 5
- 4
Park Lane Elementary School
Public | KG - 6
- 4
Overbrook Educational Center
Public | KG - 8
- 4
West Philadelphia Achievement Ces
Public | KG - 5
- 4
Overbrook Elementary School
Public | KG - 6
- 4
Philadelphia Montessori Charter School
Public | PK - 6
- 4
Andrew Hamilton School
Public | KG - 8
- 4
Mastery Charter School Mann Elementary
Public | KG - 6
- 4
Discovery Charter School
Public | KG - 8
- 4
Martha Washington Elementary Academics
Public | KG - 8
- 3
Bell Avenue School
Public | KG - 6
- 3
Southwest Leadership Academy Charter School
Public | KG - 8
- 3
Mastery Charter School at Harrity
Public | KG - 8
- 3
Hardy Williams Academy Charter School
Public | KG - 12
- 3
Middle Years Alternative School for the Humanities MYA
Public | 5 - 8
- 4
Beverly Hills Middle School
Public | 6 - 8
- 4
Boys Latin of Philadelphia Charter School
Public | 6 - 12
- 4
Mastery Charter School -Shoemaker Campus
Public | 7 - 12
- 1
Penn Wood Middle School
Public | 7 - 8
- 1
Dimner Beeber Middle School
Public | 6 - 8
- 0
Kohelet Yeshiva High School
Private | 8 - 12
- 0
Wordsworth Academy
Private | 6 - 12
- 4
Motivation High School
Public | 9 - 12
- 4
Parkway West
Public | 9 - 12
- 4
Paul Robeson High School for Human Services
Public | 9 - 12
- 3
Penn Wood High School
Public | 9 - 12
- 1
William L. Sayre High School
Public | 9 - 12
- 1
Overbrook High School
Public | 9 - 12
- 1
John Bartram High School
Public | 9 - 12
- 1
West Philadelphia High School
Public | 9 - 12
- 1
The Workshop School
Public | 9 - 12
- 1
School of the Future
Public | 9 - 12
- 1
Universal Audenried Charter High School
Public | 9 - 12
- 0
Talmudical Yeshiva of Philadelphia
Private | 9 - 12
- 0
I S Kosloff Torah Academy High School for Girls
Private | 9 - 12
- 0
The Mill Creek School
Private | 9 - 12
- 0
West Philadelphia Catholic High School
Private | 9 - 12