Open House
Sun May 17, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $254
MLS Listing ID PAPH2589954
Style Straight Thru
Abv Grd Liv Area 2,864
Year Built 1915
Annual Tax Amount $6,996
Tax Year 2025
Lot Size 1,280 Sqft
Acres 0.03
Lot Dimensions 16.00 x 80.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside.
This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset benefits from both residential demand and commercial viability.
Currently generating approximately $5,150/month, the property delivers consistent cash flow with a clear path for growth. Projected rental income of approximately $5,700–$6,000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2864
Sewer Public Septic
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871038400
Ownership Fee Simple
SqFt Source 2864
Special Listing Condition Standard
Nearby School & Business
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Edward Cole
Broker Associate | License ID: PA: AB067617 | DE: RB0020595
Broker Associate License ID: PA: AB067617 | DE: RB0020595