Investments Sales Management

128 N 3RD STREET

PHILADELPHIA , PA 19106

MLS#: PAPH2459254

$1,500,000

Status: Closed
Listing number: PAPH2459254
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: 4 months ago
On site: 5 months ago
Browse Properties
OLD CITY - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Prime Mixed-Use Property in the Heart of Old City! Welcome to 128 N 3rd St, a stunning 6,800 sq. ft. brick building in the heart of Old City, Philadelphia! This incredible mixed-use property features five beautifully designed residential units—(2) spacious 2-bedroom, 1-bath apartments and (3) charming 1-bedroom, 1-bath apartments—plus a stylish bi-level hair salon/spa on the first floor. Inside, each unit boasts a large modern kitchen, open living spaces, tall ceilings, and oversized rooms filled with natural light. Hardwood floors run throughout, and two of the apartments offer private outdoor decks—perfect for entertaining or relaxing. Closet space is abundant, making city living even more convenient. Located on one of Old City's best blocks, this property is just steps from top restaurants, shopping, and schools, with easy access to major highways. Whether you're looking to invest or live in a thriving historic neighborhood, 128 N 3rd St is a rare find with endless potential. Don't miss out on this fantastic opportunity!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,500,000

  • Tax Amount

    19328.0

  • 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

    Public 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 Jason Wallner , Keller Williams Main Line

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.
Prime Mixed-Use Property in the Heart of Old City! Welcome to 128 N 3rd St, a stunning 6,800 sq. ft. brick building in the heart of Old City, Philadelphia! This incredible mixed-use property features five beautifully designed residential units—(2) spacious 2-bedroom, 1-bath apartments and (3) charming 1-bedroom, 1-bath apartments—plus a stylish bi-level hair salon/spa on the first floor. Inside, each unit boasts a large modern kitchen, open living spaces, tall ceilings, and oversized rooms filled with natural light. Hardwood floors run throughout, and two of the apartments offer private outdoor decks—perfect for entertaining or relaxing. Closet space is abundant, making city living even more convenient. Located on one of Old City's best blocks, this property is just steps from top restaurants, shopping, and schools, with easy access to major highways. Whether you're looking to invest or live in a thriving historic neighborhood, 128 N 3rd St is a rare find with endless potential. Don't miss out on this fantastic opportunity!

128 N 3RD STREET

Message successfully sent.

What would you like to know?

Related Properties

Welcome to one of Philadelphia’s largest and most versatile athletic properties, Jamira Tennis & Fitness center, located in the heart of historic Germantown. This space has served as a cornerstone of community enrichment and athletic development for years. This iconic facility has long been dedicated to inspiring the youth-beginners & advanced players alike, to embrace the game of tennis ans further their mission of grassroots participation. Spanning 40,920 square feet, this fully equipped tennis facility offering year-round indoor play and professional-grade amenities. Ideal for sports academies, wellness centers, or private training operations, the space is move-in ready and rich with potential. Under its striking white dome structure, the Jamira Center offers year-round access to:
#PAPH2478436

PHILADELPHIA

5236 BELFIELD AVENUE

None Beds

None Baths

N/A

$1,750,000

MLS#: PAPH2478436

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

Welcome to 5610-14 and 5614-A Germantown Ave, 4 unit fully occupied(newer long term tenants w/3% annual rent increase & NNN, high cap rate)commercial retail property w/rear private parking(parks 3 4 cars) is in extraordinary condition located in the historic Germantown section of Philadelphia. This approximately 13,000 sq/ft, nicely face lifted facade property epitomizes the characteristics that you, as an astute investor, have always sought in your ventures. Nestled in the prime Commercial Class zoning (CMX3) within one mile of two commuter rail lines, the 2 Chestnut Hill lines, this property boasts unparalleled accessibility for tenants and customers alike. Its strategic positioning guarantees steady foot traffic, making it an ideal destination for businesses and ensuring high visibility for retail establishments. Unit 5610 has a full size basement for extra storage, newer flooring, electric panels, newer 2 HVAC and water heater. Unit 5614 with newer electric panels and high efficiency HVAC, unit 5612 and 5614-A have attic for maximizing storage space. This incredible property will be your approach to long-term investments and commitment to ethical values resonate with the core of opportunity. Your astute decision-making and focus on real estate, rather than stocks, make you the ideal candidate to seize this investment will make a meaningful impact on your business career and future assets.
#PAPH2471762

PHILADELPHIA

5610 GERMANTOWN AVENUE 14

None Beds

None Baths

10,670 Sq.Ft.

$1,750,000

MLS#: PAPH2471762

Zommick McMahon Commercial Real Estate is pleased to present this beautiful mixed use (CMX) building in the heart of one of Philadelphia's most sought after neighborhoods, Queen Village. This building is well maintained, fully occupied and prominently positioned on a corner lot. Featuring 5 total units (1 first floor commercial and 4 residential apartment units), this investment opportunity is a proven performer.
#PAPH2465726

PHILADELPHIA

727 S 2ND STREET

None Beds

None Baths

N/A

$1,699,000

MLS#: PAPH2465726

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

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

- 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