Investments Sales Management

915-17-19 S 12TH STREET

PHILADELPHIA , PA 19147

MLS#: PAPH2379140

$1,399,900

Status: Closed
Listing number: PAPH2379140
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 7 months ago
On site: 11 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

Once in a lifetime opportunity to acquire three adjacent properties with RM1 zoning right in sought out Bella Vista neighborhood. Each building sits on approximately 17 X 70 lot size with commercial spaces on 1st Floor and 3 bedroom apartments above each. The commercial spaces are currently rented to food cart & food catering businesses. Current rents would most likely be deemed under market value, while there is already great potential in this scenario as is, the real value lies in removing current structures to be able to build brand new single family homes, condos or multi unit buildings by right due to the flexible RM1 zoning. Dynamite location with stone's throw to Broad & Washington Av, 10 min walk south to the charming Passyunk Av or same distance north to the heart of Center City Philadelphia. Don't miss out on this rare opportunity, inquire today !

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,399,900

  • Tax Amount

    2638.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Private Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Doug Gungor , Coldwell Banker Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Once in a lifetime opportunity to acquire three adjacent properties with RM1 zoning right in sought out Bella Vista neighborhood. Each building sits on approximately 17 X 70 lot size with commercial spaces on 1st Floor and 3 bedroom apartments above each. The commercial spaces are currently rented to food cart & food catering businesses. Current rents would most likely be deemed under market value, while there is already great potential in this scenario as is, the real value lies in removing current structures to be able to build brand new single family homes, condos or multi unit buildings by right due to the flexible RM1 zoning. Dynamite location with stone's throw to Broad & Washington Av, 10 min walk south to the charming Passyunk Av or same distance north to the heart of Center City Philadelphia. Don't miss out on this rare opportunity, inquire today !

915-17-19 S 12TH STREET

Message successfully sent.

What would you like to know?

Related Properties

1201 N 3rd Street: We are pleased to present 3rd and Girard, home to The UPS Store and two residential units. This highly-visible corner is a signalized intersection and offers tremendous exposure to the ground floor retail tenant and abundant light to the units above. The mixed-use triplex features 78’ frontage along Girard Avenue and 18’ on 3rd Street. Girard Avenue is one of the main commercial corridors in Northern Liberties and counts 15,000 vehicles per day. The building had a full gut rehab in 2017 and received a ten year tax abatement that expires at the end of 2028. The UPS Store leases 1,000 SF on the ground floor plus 900 SF of basement space. This is a franchisee signed lease and is in Year 7 of their 10-year base term with (2) five-year renewal options. UPS is responsible for 52% of insurance and taxes, as well as 52% of the other usual triple-net charges (utilities, snow removal, maintenance, water/sewer, trash tax, etc.). The storefront features floor-to-ceiling glass windows with high-energy efficiency glass, with a very low solar heat gain co-efficiency rating. On the upper floors are (2) two-bedroom/one-bath units with an open kitchen and living space. Each unit has its own washer and dryer, stainless steel appliances, granite countertops, white subway tile backsplash and double vanities in the bathroom. This building offers an excellent opportunity to own a stabilized asset in a growing neighborhood.
#PAPH2474106

PHILADELPHIA

1201 N 3RD STREET

None Beds

None Baths

3,978 Sq.Ft.

$1,225,000

MLS#: PAPH2474106

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate in North Philadelphia West across from Fairmount Park, featuring 5 spacious residential units - all two or three bedrooms each (average 1,380 SF per unit!) - on a desirable, scenic park-front stretch of North 33rd Street. Acquire this high-quality, low-maintenance, new-build (2020 vintage) with a little over 5 years remaining on a full 10-year property tax abatement. Delivered 100% leased, the property offers both steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
#PAPH2471978

PHILADELPHIA

1947 N 33RD STREET

None Beds

None Baths

8,467 Sq.Ft.

$1,375,000

MLS#: PAPH2471978

Excellent opportunity to own this 11362 square feet CMX3 zone building in this active city on Broad Street (subway line) with 3 units Consist of Beauty School operated by the owner, furniture store, and a health care office on the 2nd floor. The 2nd-floor health care office with 1800sf 3 large offices and waiting area, full bathroom is currently vacant and available for lease $2,000 NNN. The 1st floor has 2 separate units with 4500 square feet of previous furniture Business is vacant was leased for $4,000. NNN and 4500 square feet Beauty School currently owner-occupied and prospect rent is $4,000. NNN all with separate utilities. This Unit is great for any type of office, warehouse, health care center, school, apartment building etc. . All buyers provide proof of funds before showing.
#PAPH2462558

PHILADELPHIA

2520 N BROAD STREET

None Beds

None Baths

11,000 Sq.Ft.

$1,399,000

MLS#: PAPH2462558

4831 Baltimore Avenue, Philadelphia, PA 19143, is a prime CMX2-zoned mixed-use building in one of West Philadelphia’s most sought-after locations. With an impressive 93 Walk Score, this property is surrounded by bustling businesses, restaurants, and vibrant city life, making it an outstanding investment opportunity. The ground and first floors are currently set up as a beauty salon and a nail salon, each occupying its own dedicated space. Additionally, a built-in salt room enhances the wellness offerings and can either be included in the sale or removed by the owner to suit your vision. Whether you're an established professional or looking to start your cosmetology business, this building provides the perfect space to bring your dreams to life. Above the commercial spaces, two spacious 2-bedroom, 1-bath residential units generate additional income, making this an excellent opportunity for both investors and owner-operators. Don’t let this unique property slip away schedule your showing today and discover the endless possibilities of 4831 Baltimore Avenue!
#PAPH2460522

PHILADELPHIA

4831 BALTIMORE AVENUE

None Beds

None Baths

3,000 Sq.Ft.

$1,200,000

MLS#: PAPH2460522

Unlock the potential of this rare 10-unit multifamily gem, a prime value-add investment offering immediate cash flow and long-term appreciation in Northeast Philadelphia’s high-demand rental market. Featuring ten well-designed 1-bedroom units, each 500 sq. ft. with a living room, eat-in kitchen, bedroom, and full bathroom with a tub, this property presents an exceptional opportunity for investors. With five vacant units and five current tenants paying below-market rents and leases up between July and September, the potential to increase cash flow is immediate, with market rents projected at $1,440 per unit, generating up to $14,000+ in monthly rental income. Whether you choose to modernize units with light cosmetic updates or take advantage of guaranteed Section 8 rental income, this property is an ideal high-yield investment. Offered at $1.4M with a current 7% cap rate, and the potential of a 10.67% cap rate along with low annual taxes under $6,000, this asset is positioned for strong equity growth. Sitting on a spacious 0.2-acre lot with 4,600+ sq. ft. of interior space, this property provides incredible expansion potential, including the ability to add a third floor for additional units or utilize the side and backyard for off-street parking, a play area, or premium tenant amenities. Strategically located near major transit, Roosevelt Blvd’s shopping district, the Navy Yard, and top employment hubs, tenant demand remains strong, ensuring consistent occupancy and long-term profitability. Whether you're looking to renovate, reposition, or expand, this property is a rare opportunity to maximize returns and build equity in a thriving rental market. Expenses and rent roll available upon request. * Seller is working on refreshing vacant units and placing tenants in at market rent.
#PAPH2453528

PHILADELPHIA

6126 BINGHAM STREET 28

None Beds

None Baths

4,608 Sq.Ft.

$1,400,000

MLS#: PAPH2453528

Exclusive Investment Opportunity in Fishtown! We are pleased to present the exclusive sale of 2121-23 E Dauphin Street, a prime 10-unit apartment building in the heart of one of Philadelphia's most sought-after neighborhoods: Fishtown. This property offers a fantastic opportunity for investors looking for a stable, cash-flowing asset in a highly desirable location. The 10 fully renovated units were completed in 2019, offering modern finishes and strong appeal to tenants plus peace of mind for a property owner to not have to handle cumbersome renovations. One one-bedroom unit and 9 studios make up with the building - rent roll available upon request. This prime location keeps the demand high for these units. Just one block from the Market-Frankford Line (“The El”) and a short distance to the I-95 entrance, offering easy access to Center City, New York, and Washington D.C. Tenants will enjoy living steps from nationally acclaimed bars, restaurants, and local gems including like ZigZag BBQ, Martha, Vessel Collective Coffee, Riverwards Produce, Fiore, Philadelphia Brewing Co, Yuhiro Sushi, Lost Time Brewing Co, Tulip Pasta and Wine, Mural City Winery, and many, many more.
#PAPH2449214

PHILADELPHIA

2121 E DAUPHIN STREET 23

None Beds

None Baths

2,966 Sq.Ft.

$1,245,000

MLS#: PAPH2449214

4444-48 Main St is located along Manayunk’s main commercial corridor. This property boasts 96’ of frontage on Main Street. The two commercial tenants are Main Street Music, who has been there since 1996, and Style of Man, which opened in 1995. Together, they occupy the ground floor of the building. There are five residential apartments above, all of which are bi-level 2BD/1BA units. The apartments have W/D in unit, gas forced hot air and central A/C. The music store has been kept at the building in a sweetheart arrangement because the Seller owns many buildings on Main St and feels the music tenant is an asset to the block. The property has been self managed by Ownership who has kept residential rents below market to avoid turnover.
#PAPH2442350

PHILADELPHIA

4444 MAIN STREET 48

None Beds

None Baths

7,200 Sq.Ft.

$1,145,000

MLS#: PAPH2442350

Don't miss out on this turnkey investment including all furniture, full kitchen and equipment! This amazing establishment has three floors with so many possibilities for an investor! The main dining room is located on the first floor comfortably seating approximately 40 customers. The kitchen is also located on the first floor and is fully stocked! The second floor has a separate stairway which can be used for an alternative use if desired. It is currently used for additional seating, parties and events. The third floor has a full bathroom, and the possibilities are endless with the separate staircase access. There is also an outdoor space on the top third floor which may be transformed to a deck or outdoor space with breathtaking views of center city and Rittenhouse Square! The basement is used for restrooms and storage. This property has the potential opportunity for more return on investment. Porcini has built a reputation and book of business for over 29 years. You are not just buying a building in a prime-time location, you are also buying a favorite spot to many! Porcini is located in one of the most desired areas of Philadelphia only a few blocks from Rittenhouse Sqaure. This gorgeous trattoria restaurant offers an upscale experience where the Maitre'd owner keeps the guests coming back feeling like family! The other chef-owner curates every meal to be memorable! His impressive background in fine dining has helped them build an elite customer base. Schedule a showing to see the charm of this Philadelphia gem in person!
#PAPH2437914

PHILADELPHIA

2048 SANSOM STREET

None Beds

None Baths

2,250 Sq.Ft.

$1,599,000

MLS#: PAPH2437914

17,740 sq. ft. retail, warehouse, redevelopment or what you need space of opportunity. This property has 3 addresses 115,117, and 119 Chelten Avenue.
#PAPH2427576

PHILADELPHIA

115 W CHELTEN AVENUE 19

None Beds

None Baths

N/A

$1,250,000

MLS#: PAPH2427576

Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! There’s a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! It’s 4 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
#PAPH2421306

PHILADELPHIA

1918 E CUMBERLAND STREET

None Beds

None Baths

7,242 Sq.Ft.

$1,500,000

MLS#: PAPH2421306

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here