Very nice recently renovated Mixed Unit property, fully occupied. One Commercial Unit with half bath, One 1-Bedroom at the rear and lower level plus yard, and one 2-Bedroom on the 2nd flr plus Roof Deck. The current use for the Commercial space is âRetail Sales-Consumer Goods.â Very nice income producing property, $45,300 annually. Great location and located close to public transportation and all major highways.
Well-maintained, spacious 7 bed, 4 full bath duplex located just a walk from the heart of Temple University Campus! This ground up new construction has it all central air, beautiful hardwood floors, recessed lighting, cherry-finished cabinets, separate utilities, washer and dryer in each unit, security system, sprinkler system, separate keys plus master key, and plenty of living space. Bedrooms include ceiling fans, closets, windows, and carpeting. Unit 1 features 3 bedrooms and 2 full baths, finished basement with storage area, and a private fenced-in rear patio. Unit 2 features 4 bedrooms and 2 full baths, large rooms throughout, and convenient roof access from 3rd floor. New hot water heaters installed in both units (Feb 2019) and roof fully coated and sealed. Historically, both units have been 100% occupied with no vacancies. Schedule your tour today! Both units are currently leased. Unit 1: $1400/month ; Unit 2: $1450/month
Presenting an opportunity for savvy INVESTORS, REHABBERS, and CONTRACTORS in Philadelphia PA! If you have vision and a passion for a COMPLETE GUT AND REHAB the potential is immense with this diamond in the rough. Location is perfect for a business with the side entrance at ground level. This fixer-upper is surrounded by homes and businesses that will support a lucrative return on your investment. For equity-seeking buyers, this property represents more than just a fixer-upper; nestled within the Philadelphia School District makes this location attractive to future business and homeowners. The prime location offers unparalleled convenience and benefits. Nearby Einstein Hospital, public transportation and easy access to major routes makes commuting a breeze. Conveniently located near everything Head downtown to restaurants, and a host of shops that cater to a variety of tastes. With a neighborhood that fosters a sense of community, this opportunity is not to be missed. Make your appointment today! This is an "AS IS" sale and BUYER IS RESPONSIBLE FOR ANY AND ALL USE AND OCCUPANCY REQUIREMENTS.
1800-1810 s 23rd st 5 city addresses CMX -2 First floor large grocery store full equipped kichen and walk-in box . First floor rear brand New hair salon separate entrance on point breeze side. Second floor 4 bedrooms, newly renovated with a newer kitchen and 2 full bathroom. Potential for more units to be added on 2nd floor. Large space with 18â ceilings currently used for storage Great investment opportunity. Total monthly rent for all three units $ 4650 open to reasonable offers
Welcome to 5404 W Girard, a unique property with massive cashflow potential. This property consists 2 units that just needs some TLC. The bottom unit has an office layout with permit use as it was used an a doctors office for 30 years, but has the potential to be converted to a 3 bedroom 1 bath apartment. The upstairs unit is a 3 -bed 1 bath apartment with rental income around the area exceeding $1,100 a month. Projected rental income for this both units exceed $2,200 a month or $26,400 a year. This property can be sold as a package deal with 5402 W Girard Ave. Schedule your tour and add this great asset to your real estate portfolio today!
Welcome to 5402 W Girard, a unique property with massive cashflow potential. This property consists 2 units. The bottom unit has an office layout with permit use because it was used an a doctors office for 30 years, but has the potential to be converted to a 3 bedroom 1 bath apartment. The upstairs unit is a 3 -bed 1 bath apartment with rental income around the area exceeding $1,100 a month. Projected rental income for this both units exceed $2,200 a month or $26,400 a year. This property can be sold as a package deal with 5404 W Girard Ave. Schedule your tour and add this great asset to your real estate portfolio today!
Sat along the border of Philly's booming Pennsport and Whitman neighborhoods, 358 Snyder Ave is a fully occupied, mixed-use property offering a fantastic investment opportunity in a prime location. Zoned RSA5 with use variance for a bar/restaurant, the building has a street-level commercial space and two 3-bed, 1-bath apartments on the upper floors. The commercial space is leased by a sushi restaurant for $2,650/month through 2030. It features a front prep area and cash wrap, a rear dining area, storage, and a restroom on the main level, along with a fully functioning professional kitchen and refrigerator walk-ins on the lower level. The space is also fitted with a high-efficiency commercial heating and an a/c system. The two apartments are currently leased as a bundle for a total of $1,500 on a month-to-month basis. Each has 3 bedrooms, 1 bathroom, a full kitchen, and separately metered all-electric appliances. The units could rent for $1,300/month individually in their current condition or capture a higher price with renovations. 358 Snyder Ave's central location is surrounded by business corridors and new construction, earning a Walk Score of 93! Snyder Ave is a neighborhood hub home to many local businesses while intersecting E Moyamensing Ave is lined with popular restaurants and shops. Sprawling parks that host community events and farmer's markets are nearby, plus Target, ACME, Lowe's, and IKEA are less than a 5-minute drive. There's also easy access to public transit, the sports complex, Columbus Blvd, I-95, I-76, and South Jersey. Schedule your showing today!
Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation. Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train. The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, and washer/dryer. Priced at $1000 per month, its private fenced yard adds an extra allure. Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns. To sweeten the deal, the property offers off-street parking for 1-2 cars, potentially yielding an additional $50-$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound. Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!
Prime development opportunity in West Kensington. Several new construction projects completed and in progress within 2 blocks of 2601 N 6th St. This property spans an entire block. It includes an existing 4 unit apartment building, 4 storage units and a lot. Prime multi unit investment opportunity in an area bustling with new development. The entire block is included with this parcel. Rare available property in West Kensington. Rent Roll is as follows: Two 3 bedrooms - $900 per month each (2 are month to month, the other has 9 months remaining on a 1 year lease) ; One 2 bedroom-$800 per month (month to month); One 1 bedroom - $700 per month (month to month). All under market.
Welcome to an exceptional investment opportunity nestled in the heart of Strawberry Mansion. This duplex boasts two units, offering versatility and potential for lucrative returns. The first unit features 3 bedrooms and 1 bath, while the second unit comprises 2 bedrooms and 1 bath. Situated on a corner lot, this property is ripe for a full rehab, presenting investors with a canvas to create something truly special. Located just off Fairmount Park, this property enjoys a coveted location in Strawberry Mansion. Surrounded by new constructions and recently rehabilitated properties, the neighborhood is witnessing a surge in development, making it an ideal time to invest. With two new constructions set to rise on the block, the potential for growth and appreciation is evident. This property presents an incredible opportunity for investors looking to expand their portfolio. Whether you're a seasoned investor or just starting, this turnkey investment offers immense potential. With a reliable tenant already in place, you can start generating income from day one. The demand for rental properties in this area coupled with the strategic location makes this investment a lucrative choice. Unlock the potential of this well-appointed home in Strawberry Mansion. With a strategic location, favorable market conditions, and a solid rental history, this property promises excellent returns on investment. Whether you're looking for a passive income stream or aiming to grow your real estate portfolio, this property offers a compelling opportunity. Seize the chance to capitalize on this investment gem in Strawberry Mansion. Act now to secure this property and embark on a journey towards financial success. Reach out today to schedule a viewing and take the first step towards realizing your investment goals.
Investment Opportunity in Parkside section of West Philadelphia. 4035 W. Girard is a massive 5,310 Sq. Ft not including the basement. The lot is 1,710 Sq.Ft. 4033 W. Girard (Lot Sz 1,800 Sq. Ft.) & 4037 W. Girard ( Lot Sz 1,710 Sq.Ft.) available at $300,000.00 each; creating endless opportunities with over 5,200 Sq. Ft. of lot size. Just steps to the thriving Mantua and Brewerytown sections of the city & a short 2 miles to Drexel University, University of Pennsylvania, and the Penn health system. Many forms of transportation within 3-5 minutes. Ease of access to Center City and Anywhere on the Mainline. Get to the heart of University City in less than a 10 min drive and just 15 Min to PHL International Airport. In addition to a great location, residents enjoy local Attractions including Kelley Drive, Please Touch Museum, Mann Music Center, Dell Music Center, Philadelphia Zoo, Fairmount Parks, Shofuso Japanese House & Garden, Horticultural Center, Belmont Mansion, Art Museum, Multiple parks/trails, shopping centers and great restaurants.
Great investment opportunity located in the area of Drexel University University of Penn. and Presbyterian Hospital zoned as a Duplex but have three good one bed room units 1st floor unit living room one bed room EIK 3pc bath room with shower access to fence in rear yard and basement 2nd unit one bed room EIK living room and three piece bath room w/shower updated and vacant unit three one bed room EIK three piece bath room w/sower tenant occupied of 40 year. full cement basement with utilities , laundry hook up and plenty storage property is also close to public transportation, shopping, and plenty of restaurants Tenants pay for heat
A fantastic and rare opportunity in the Heart of South Philly! Commercial mixed-use property. You get two buildings in one! The building runs from W. Passyunk to McKean. Sts. On the 1431 W Passyunk St side, you get a commercial space that is currently a restaurant on the first floor with an apartment above. Then, go around the corner and you get three apartments on the 1430 McKean St side. All great tenants and would like to stay. All meters are separated except water. Busy commercial corridor with lots of bustling activities and businesses! Super convenient location, close to public transportation buses and trains, lots of restaurants, shops, cafes, etc. Both buildings are fully occupied so you can continue to collect rent! Nothing to do but collect passive income. Don't miss this wonderful opportunity!
5.125% Owner financing and Lease Purchase options available. FHA 1st time home Buyer's are eligible to purchase. This is a well maintained Triplex with by-right 1st floor Commercial potential located along the prime Northern Liberties stretch of Girard Avenue. Over 1000 brand new construction units permitted and under construction within 1 block. Steps from the bustling and trendy 2nd Street Restaurant and shopping district. 1 block from Acme Grocery and 2 blocks from the very popular Market/Frankford El which delivers passengers to City Hall in just 8 minutes. Large one bedroom/office space on first floor with rear yard access, currently rented for $1250 with Tenant ready to renew or vacate, projected rent of $1500. Large well appointed one bedroom apartment on 2nd floor currently rented for $1250 projected rent of $1400, long time steady paying Tenant would like to stay on if new Buyer wishes but is ready to vacate if needed. 3rd floor one bedroom is currently rented for $1295 through 8/2024.
Rare opportunity to acquire a commercial mixed-used currently operating as a nails salon that has been in business for 20 years. Upstairs is a 2 bedrooms, 1 bath room apartment ($750/month) with separate entrance on Aramingo Ave. There's a deck on the second floor for the tenant's enjoyment. New buyers can continue to run the salon, start their own business or rent out both units. Price includes the salon. Showings to be during normal business hours and sellers or listing agent will show/give access. 24 hours or more for notices, no exceptions.
Welcome to this exceptional property offering a prime opportunity for savvy investors and developers. This well-located property boasts fully approved zoning permits for a triplex, making it an ideal canvas for maximizing its potential. Additionally, included with the - fully framed - property are comprehensive construction documents, covering all aspects including Mechanical, Electrical, and Plumbing (MEP), streamlining the development process and ensuring a smooth transition from concept to completion. Whether you're looking to capitalize on the burgeoning rental market or seeking a seamless development project, this property presents an unparalleled opportunity to realize your vision.
Exceptional investment opportunity awaits with this stunning duplex featuring state-of-the-art Bi-Level Loft Apartments. This meticulously maintained property boasts separate metering, gleaming hardwood floors, soaring high vaulted ceilings, and central air conditioning throughout both units. Each unit presents a remarkable modern kitchen equipped with top-of-the-line stainless steel appliances, including a dishwasher. The spacious layout includes a large breakfast bar offering additional seating, complemented by a charming traditional dining area. A convenient half bath and washer/dryer on the main level lead to a staircase ascending to the second level, where you'll discover an opulent open bedroom loft with a primary bath and generously sized closets. Conveniently located just minutes away from Frankford Avenue in Fishtown, The Piazza in Northern Liberties, public transit, and all the amenities that Center City has to offer, this duplex is an ideal investment opportunity not to be missed.
This three story building in the up and coming South Graduate area was totally redone in 2010. The 1st floor is a commercial unit that is currently vacant with access to side entry garage. The two apartments upstairs are both 2 bedroom, 1 bath with hardwood floors, ceramic tile bath, and kitchens with granite counters. Both units have decks with great views of the city. Each residential unit is currently occupied.
Two family home in rapidly appreciating Strawberry Mansion area. This duplex features 1 bedroom apartment on the first floor and a 2 bedroom apartment on the second floor. Currently all utilities are paid by the landlord. The current rental license for this building is for one unit only and buyer would be responsible to legalize use as a two family dwelling.
a huge 6 bedrooms, 3baths corner building is available for sale. it has many potentials, please do your due diligence. First floor can be used as a commercial space suitable for zoning CMX1. This property was in middle of renovation few years ago. This property is selling is "as is" condition, seller has no guaranty on the property and will not do any repairs. Buyer is responsible for UO or city certificate. Please show it with extra cautious. Agent needs to let prospect sign Waiver of liability form before showing. Listing broker is also an owner of the property.
Ready for New Construction. This is a full approval permit for the two-family property, 10 years of real estate tax abatement was proved, and it is time for your investor or owner to build a custom house, each unit has three bedrooms and three full baths. It is a four-story building to be made with a fiberglass roof deck. The new construction of the duplex compared to the sale was above $895,000. The investor can be made condominium. It is over $83,000 in projected net annual income, Located near Whole Foods, Tela's Market and Kitchen, Fairmount Station, and the Met (Airbnb is also a great option), this home is in the center of the action, so schedule your tour limited time today. Premium location less than 1 block to Broad Street. Architectural plans available
It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 5 unit building nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. 4 of the 5 units are occupied and we are interviewing tenants for the 5th unit. The pro-forma and other financial analysis are available for review. The lease agreements are month-to-month and we project rental income could be increased. Unit 1 [1st Floor]: Studio: $600/month Unit 2 [1st Floor]: 1 Bed/1 Bath: $600/month Unit 3 [2nd Floor]: Studio: $750/month Unit 4 [2nd Floor]: 1 Bed/1 Bath: $700/month Unit 5 [3rd Floor]: 2 Bed/1 Bath: $950/month CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 9.86% with current rental income of $3,130 per month. The cap rate could increase to 9.36% if rental income was increased by $370/month to $3,600/month with minor increases on each rental unit. Cap rates could increase to 10.51% if you reduce the monthly gas operating expense by installing electric baseboards or allocate utility costs to the tenants. PACKAGE DEAL: This property is to be sold separately or together in a package deal with 626 E. Allegheny Ave., a duplex listed for $175,000. Together, there are 7 units in 2 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington. QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.
Welcome to this beautifully renovated triplex! This stunning property comes fully equipped with an array of luxurious inclusions that will elevate you and your tenants living experience. As you step into each apartment, you'll be greeted by a sleek and modern design with stainless steel appliances, exposed brick, functional layouts, light fixtures, washer / dryer in each unit and a private roof deck for the 3rd floor apartment. Each unit is currently occupied. Unit 1: 1 Bedroom 1 Bath 1st Floor Flat. Unit 2: 2 Bedroom 2 Bath 2nd Floor Flat. Unit 3: 2 Bedroom 2 Bath Bi-Level w/ Private Roof Deck. This triplex is located conveniently off of 33rd Street with ample on-street parking. It is across the street from Fairmount Park and in close proximity to Center City, The Art Museum, Philadelphia Zoo and Kelly Drive. Schedule a showing directly with the listing agent today!
Great Opportunity Alert!! All three properties are for sale and are ready for your extra TLC. Come take a look! First Floor is a open commercial space with a finished basement, ready to be converted into the business of your dreams. The second floor has a 1 bedroom apartment, as well as the third floor. Both are currently unoccupied. These properties are in need of work and is strictly being sold AS IS. Inspections are for informational purposes. Seller and motivated and negotiable. Come and take a look!
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,569,657. Philadelphia is less family-centric than the surrounding county with 21.17% of the households containing married families with children. The county average for households married with children is 21.17%.
The median household income in Philadelphia, Pennsylvania is $40,649. The median household income for the surrounding county is $40,649 compared to the national median of $57,652. The median age of people living in Philadelphia is 34.1 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 46.8 inches per year, with 14.2 inches of snow per year.
