Prime corner mixed-use property offering both stable income and clear value-add upside in one of Philadelphia's most desirable neighborhoods. The building consists of three separately metered units: a renovated commercial space and two residential apartments. Unit 1F - Commercial: Updated corner storefront currently leased for $1,250/month, delivering steady cash flow… Read More from day one. Unit 1R - Residential: Recently rented one-bedroom at $1,050/month, presenting a turnkey opportunity for cosmetic upgrades or repositioning to boost returns. Unit 2 - Residential: Renovated two-bedroom apartment leased at $2,180/month, featuring Hazelwood cabinetry, tile flooring, a modern bathroom, and in-unit laundry. Located just one block from Naval Square and minutes from the South Street Bridge, CHOP, UPenn, and Rittenhouse Square, the property is positioned within a 95 Walk Score corridor known for strong rental demand and continued appreciation. An ideal value-add investment: generate immediate income while elevating the remaining residential unit to drive NOI growth and long-term equity. Read Less
Courtesy of Mike Goldstein, HubKey Real Estate 215-600-1799
Listing Snapshot
Days Online
89
Last Updated
Property Type
Townhouse
Square Ft.
1,576
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2563270
Additional Details
Basement
Unfinished
Building
Built in 1915, Built in 2012 (effective), Living area: 1576, 2 stories, Construction Materials: Masonry
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