Bought with Tonya Tameca Brown • HomeSmart
$235,000
$257,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
2,178 Sqft Lot
SOLD DATE : 04/16/2026
Key Details
Sold Price $235,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2556308
Sold Date 04/16/26
Year Built 1940
Annual Tax Amount $937
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX1
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 322152100
Ownership Fee Simple
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

GET MORE INFORMATION

Agent | License ID: 0225234831






