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.
This mixed-use property in the heart of Hunting Park offers a unique opportunity for investors looking to capitalize on a prime location with both residential and commercial potential. The building features two one-bedroom apartments on the second floor, each offering spacious living areas, and ready for updates to enhance their rental income potential. The first floor is dedicated to commercial unit, ideal for retail or office space, offering great visibility and foot traffic in a bustling neighborhood. The property is being sold As Is, providing a blank slate for investors to customize and renovate according to their vision. With Hunting Park’s continued development and the growing demand for both residential and commercial spaces, this property offers excellent potential for both short-term rental income and long-term value appreciation. Situated in a strategic location with easy access to public transportation, local amenities, and major roadways, this mixed-use property is perfectly positioned for steady rental income and future growth. Whether you're an investor looking for a project or seeking a stable cash-flowing asset, this property is an ideal choice. Don’t miss out on this exciting opportunity to invest in one of Philadelphia's most up-and-coming neighborhoods.
Unlock the potential of your business with this newly renovated commercial unit offering over 1,800 square feet of premium leasable space in the heart of North Philadelphia. Boasting a sleek, modern design, this property is ideal for retail, office, creative studios, or service-based enterprises seeking a fresh, high-visibility space.
iscover the potential of 3336 Kensington Ave, a versatile storefront that has served as a church space and is ideal for a variety of uses. This spacious property offers high ceilings, an open layout, and a prominent location along Kensington Avenue, providing excellent visibility and foot traffic. Perfect for a congregation, community center, or business, this space includes ample room for seating, gatherings, or retail displays. Its flexible layout allows for creative customization to meet your needs. Convenient access to public transportation and major thoroughfares makes it a prime spot for your next venture. Explore the possibilities and make this space your own—schedule a tour today!
ATTENTION Investors and Builders!! Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. University City is one of the fastest growing sections of the city with tons of rental demand from Drexel University, Penn University, and young professionals. The Schuylkill Yards Development is proceeding and going to double or triple values here. These 2 HUGE CORNER lots have tons of development potential. ZONED RM-1 and 55 FEET WIDE BY 115 FEET DEEP!!! 700 North 40th Street is 25 feet wide and 702 North 40th Street is 30 feet wide according to public record and both lots are 115 feet deep. With the possibility to develop 14 apartments OR MORE, this is a can't miss opportunity. Bring your offers fast, this one won't last long! Properties are being sold AS-IS!
Welcome to 2701 Poplar Street, a distinguished mixed-use property nestled in the vibrant Art Museum district of Philadelphia. This property presents a prime opportunity for both residential living and commercial enterprise. The building features a meticulously renovated two-bedroom, two-bathroom apartment, complemented by two commercial spaces on the ground floor. It is perfect for business owners who wish to live in close proximity to their workplace. On the first floor, there are two versatile commercial spaces, each with individual entrances and private bathrooms. These adaptable areas are perfect for a variety of business ventures, including boutiques, galleries, offices, or cafés. The residential space above offers an elegant blend of modern amenities and timeless appeal. The open-plan living area features rich hardwood flooring, floods of natural light, and a sleek kitchen outfitted with stainless steel appliances and granite countertops. Each spacious bedroom includes extensive closet space and an en-suite bathroom, updated with premium fixtures. Situated just moments from the lively Brewerytown shops, this location secures a constant flow of pedestrian traffic, opening a world of entrepreneurial possibilities. The property's exterior is well-maintained, with convenient access to public transport. Within walking distance to the esteemed Philadelphia Museum of Art, numerous parks, fine dining, and cultural hotspots, 2701 Poplar Street is ideally positioned for an exceptional urban experience. This property is a rare find, offering a perfect blend of luxury living and business opportunities. Don’t miss this extraordinary chance to own a versatile piece of Philadelphia’s Art Museum district. Schedule your visit today and explore the potential of 2701 Poplar Street.
Beautiful SOUTH BROAD STREET triplex ! First floor consists of a medical office . 2nd & 3rd floors are, 2 very well laid out 1 bedroom units, with hardwood floors throughout. All units are self contained & this building can easily generate over $50,000 a year in GROSS Rents! Opportunity & Value!
Here’s an opportunity to own a well-established, meticulously maintained fine meats & deli with land in a high-demand, high-traffic location. Positioned near vibrant residential neighborhoods, schools, and major healthcare facilities, Ferrante’s enjoys a steady and diverse customer base of families, students, office professionals, and medical staff, creating a constant flow of patrons all day. This prime real estate offers both stability and exciting expansion potential, making it an unparalleled investment with boundless possibilities. Whether you're an investor looking for high growth potential or an entrepreneur ready to step into a profitable business, Ferrante’s offers a solid foundation with ample room to scale. Expand the popular catering service, introduce delivery options, or extend hours to meet even more demand from the surrounding community. As a turnkey operation with an impressive capitalization rate just under 30%, it’s primed for continued success and growth under new ownership. Secure this rare opportunity today! Contact us to schedule your private showing and explore how this premier location can be the cornerstone of your next successful venture. Financials available for serious buyers. Preliminary financing options are also available for qualified applicants.
PRICE IMPROVED BY $499K: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building with 69-beds has been renovated from top-to-bottom with excellent proximity to Philadelphia's largest university by enrollment, as well as the booming North Broad District, Fairmount and Francisville neighborhoods. With 28 units (1's, 2's and 3's) plus common amenities, Owl's Nest Apartments is poised to become a legacy asset at Temple — insulated by perennial rental demand in a high-growth / appreciating location. Located just a few blocks from Main Campus, as well as Septa's North Broad subway line, The Property boasts tremendous curb appeal and visibility. Each apartment is fully furnished—truly plug-and-play turnkey rentals. Amenities include study rooms, fitness center, Amazon dropbox and resident lounge. Utilities (and wifi) are included in the rent. Purchase this exceptional multifamily real estate in a Top-10 USA MSA. 10 year tax abatement (pay taxes based on assessed land value rather than improved value), low maintenance and operating costs. Enquire within for financials.
INVESTORS ALERT!!! Welcome to this 5 unit investment property, walking distance from Drexel University and University of Pennsylvania. Property includes 4 One Bedroom units and 1 Two Bedrooms, currently fully occupied on month-to-month leases with long term tenants, grosing a total rental income of $65,000.00. Because of the long term tenants, monthly rents are under current market fair value, and the property has a potential of grossing a minimum of at least $80,000.00/year, in a prime location. Property sold as-is. All utilities are seperate and all tenants have access to the basement, which is used for storage and provides all habitants access to a washer and dryer. Make your appointment today!!!
Mix use building. 1FL commercial space with private 3 car parking space, partial unfinished basement. High visibility for office or store. 2FL is a 2 bedroom apartment. Seller is a PA and NJ licensed broker
Welcome to 2466 N Opal St, a versatile mixed-use commercial property featuring a former church space on the ground floor and a charming 2-bedroom, 1-bath residential unit above. Spanning approximately 1,380 sqft, this unique building offers endless possibilities for both business and living. The spacious commercial area is perfect for various ventures, while the upper-level apartment provides a cozy retreat with abundant natural light and a welcoming atmosphere. Ideally situated in a vibrant neighborhood, this property combines excellent visibility with residential comfort, making it a fantastic investment opportunity for those seeking to capitalize on its dual potential. Don’t miss your chance to explore this exceptional property!
Picture yourself stepping into this recently remodeled property, where every detail has been carefully considered to create an inviting and functional space. As you enter, you're greeted by a bright and airy open layout on the first floor, offering ample room for your dream barber shop to come to life. With its sleek tile flooring and modern recessed lighting, the atmosphere exudes professionalism and style. But the appeal doesn't stop there. Descending to the fully finished basement, you discover an unexpected bonus—a complete bathroom, adding convenience and versatility to the space. Whether you envision it as a private retreat for clients or a multifunctional area to expand your business operations, the possibilities are endless.
ONLY FOR BREAKFAST BUSINESS , NOT INCLUDING REAL ESTATE . THE SELLER/ THE TENANT PAYS RENT . THE NEW BYTER WILL GET 10 YEARS LEASE TERM FROM THE LANDLORD. LOWERED PRICE , busy & crowd area, 1500 sf, well renovated , open 6 days , lots of potential , You can also change it to another type of restaurant. low rent . please drive over there.the seller can hold mortgage with $40,000.00 down.
This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!
New-construction boutique mixed-use apartment building available on Girard Ave in the heart of Brewerytown. 16 apartment units (100% leased) with a mix of studio, 1, and 2-beds all featuring high ceilings, modern kitchens, stainless steel appliances, tall windows, LED recessed lighting, high-efficiency utilities, secure keyless entry, in-unit washer/dryer, and shared roofdeck. 2 Commercial units- 1 occupied prime corner restaurant and 1 vacant office space. 9 years remaining on full tax abatement. Located just 10 minutes from Downtown Philadelphia, residents will enjoy convenient access to the city's vibrant attractions. The apartment building is situated in a historic neighborhood surrounded by trendy eateries like Rybrew and cultural landmarks such as Eastern State Penitentiary and The Philadelphia Museum of Art. With a strong pro forma and a competitive CAP rate, The Bordeaux Apartments present a promising opportunity for investors looking to capitalize on Philadelphia's growing economy. Don't miss out on this chance to be part of one of Philly's up-and-coming neighborhoods!
Approx 2000 SF . Possible uses Law, offices, Home Health Care , Accounting etc. Beautiful first class building : elevator, ADA /ramped access, professional use building . Offices are freshly painted . Various other sizes available. Current professional occupants in the building are; Realtors, Attorneys, Psychologist and a Home health Care agency. Very high visibility on Bustleton Av in the Somerton section of Philadelphia. Bus stop in front of building . Ample three level parking lot. .Some signage available on Bustleton Av. 3 convenient bathrooms. Large reception area with a dedicated reception windowed office. Gas, electric, snow removal and landscaping provided by Landlord and included in the rent. Convenient to SEPTA West Trenton Line at Somerton Train Station minutes to downtown Philadelphia. SEPTA bus stop in front of building. Located on the axis of 3 counties; Philadelphia , Bucks & Montgomery. Outside patio area available for lunch or smoking and inside kitchen / lunchroom. for employees.
Motivated Seller. Bring your vision! There are many possibilities. This church presents a wonderful opportunity in the evolving, redevelopment community of South Philadelphia. The exterior is constructed with radially laid bricks. The architectural design seems to have been affected by early Norman architecture-relatively small wooden entry doors and windows with their round heads that are reminiscent of some Romanesque English churches. The tall bell tower gives distinct character to the structure. There are 3-different style roof systems: slate roof, flat roof and metal tower roof. The first floor consists of a main sanctuary, chapel office vestibule and two stairways leading to the balcony area. Outlining the sanctuary are many large, colorful stained-glass windows, vaulted dome and wooden ceilings, baptismal pool and choir section with organ and piano. The sanctuary seats over 300. The chapel is large with a raised stage and many display cases. Off the chapel is a children's Sunday school area that leads to an outdoor playground. The upper level contains large offices, conference rooms, bathrooms, classrooms and a balcony overlooking the sanctuary. The basement has a large open area that was used as the pre-kindergarten school and industrialized kitchen along with many storage rooms. The church is being sold in "as-is" and "where-is" condition and is listed in the Philadelphia Register of Historic Places.
Attention Investors, this is a great opportunity to own with great potential cash flow. This sale includes a building with four units. The main floor features a storefront with basement access and two bath rooms. There's a port garage access in the rear. On the second floor, you'll find a apartment unit, gutted will need to be finished, plumbing, electrical wire all done and on the third floor there's an apartment unit gutted as well and need to be done. electric wires and plumbing are all done. There another unit that's finished with 2 bed room, one bath, with living room and kitchen area attached to the rear behind the garage, which is finished. New flooring, modern kitchen, and spacious rooms. current being occupied . Store front was permitted to use as a daycare, prior food service. The store front can be use for other business, like laundry mat, hair salon, convenient store, and more. Rear attached garage can also be use as a access point or a car service business. There is a basement as well. Dont miss out, this building is big with endless possibilities to generate income. Each unit has its own utilities. The property has incredible income-generating potential when fully occupied. With projected rents ranging between $6,000 and $7,000 per month, this property is a steal in today's market. But why is it priced so low? Well, property being sold as-is, and only cash offers will be accepted. The buyer will need to obtain City Certification and handle any necessary repairs, if required. Agent see Agent remarks for showing instructions
1730 S 25th St: multiple garage spaces for lease on the corner of 25th & Moore St. 2, 000-6,000 +/- SF garages for lease on the corner of Moore Street. 3 adjacent garages can be combined. Open Floor Plan. Garage roll up door and retail entryway. 60’ of frontage on 25th St. Zoning I-2. Easy access to I-76, I-95, SEPTA bus stops and the Snyder stop of SEPTA Broad Street line. Rent is $3,000/month + NNN per 2,000 SF garage.
1,100 +/- SF of ground-floor retail space. Located on high traffic block in Rittenhouse. Large retail store front window. Frontage: 16’. Located steps from Rittenhouse Square, and close to the Market Street business district, with several recently completed and under construction high-density residential development projects. The neighborhood is Center City’s most expensive and exclusive. With an abundance of high-end luxury apartments, some of the best fine dining in the city, and an expansive amount of luxury retailers can be found here.
1901 Washington Ave: Flex space available for lease on Washington Ave in Graduate Hospital neighborhood. Asking $15 per sqft + NNN. 3,029 +/- SF Flex Space available divided in two spaces plus small office space for 2-3 year lease. Ceiling heights 10’ – 14’. Approved uses office space, retail showroom and storage, light fitness. Located on the Washington Avenue commercial corridor, close to public transportation and with easy access to I-76 and I-95. Zoning: I-2.
Currently is using beer deli business and opening now , very good for remodeling for restaurant or reconsturaction
Welcome to 2212 N Front St! This spacious, bi-level unit is a new construction build located in the desirable Philadelphia neighborhood of Fishtown. With 1200 square feet, floor to ceiling windows for maximum light and business exposure, this unit is perfect for a variety of business needs! As a bright, vanilla box, your blank canvas awaits your vision! Open your retail store, art gallery, coffee shop or office in this beautiful space! Surrounded by countless shops and restaurants, there is consistent foot traffic for your business to flourish. Apply today! Lease Terms: 1st month, last month and security required. Tenant responsible for NNN lease fees, U & O taxes and all utilities. Agent is also owner of the building.
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,596,865. Philadelphia is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.
