Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,650
Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
1650.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ductless
-
Heating YN
YES
-
Heating
Electric, Baseboard, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Irregular Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,477
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$299,900
-
Tax Amount
$1,127
-
Financing Options
Cash, Conventional, FHA 203(k), Private
-
Sq. Footage
1,650
-
Price/SqFt
$181
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
189
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of kyle malson , HomeSmart Realty Advisors
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
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