2,000 SqFt
2,000 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $325
Subdivision University City
MLS Listing ID PAPH2492652
Style Other
Abv Grd Liv Area 2,000
Year Built 1940
Annual Tax Amount $2,512
Tax Year 2024
Lot Size 1,280 Sqft
Acres 0.03
Lot Dimensions 17.00 x 77.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
$57,000 in annual rental income! An excellent opportunity to own a fully occupied mixed-use commercial building generating consistent rental income right near University City! This well-maintained property features a ground-floor commercial space currently leased to a daycare tenant at $1,850/month, offering stable, long-term income.
Upstairs, you'll find three residential apartment units with the following rental rates:
Unit 1: $850/month
Unit 2: $1,300/month
Unit 3: $750/month
All tenants are responsible for their own utilities, with the exception of water, which is covered by the landlord.
This property offers a solid return with minimal overhead and is perfect for investors seeking a turnkey income-producing asset. With a reliable tenant base and strong rental history, this mixed-use building is a smart addition to any real estate portfolio.
Highlights:
Fully occupied with long-term tenants
Total monthly rental income: $4,750
Tenants pay utilities (landlord pays water only)
Stable commercial tenant (daycare)
Prime location with investment upside
Don't miss this opportunity to own a dependable income property with both residential and commercial appeal!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Other
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Utilities Available Water Available, Natural Gas Available, Electric Available
Water Access N
Roof Type Flat
Accessibility Other
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871536130
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, Cash
Listing Terms FHA, Conventional, Cash
Financing FHA,Conventional,Cash
Special Listing Condition Standard
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