Property Listing: Prime Multi-Unit Investment Opportunity in South PhiladelphiaOVERVIEW:This fully occupied multi-unit property presents a unique investment opportunity in the heart of South Philadelphia. Boasting two spacious three-bedroom residential units and a fully equipped commercial space ideal for a restaurant, this property is perfectly situated on a bustling commercial corridor. Also eligible for Philadelphia's forgivable loan program.RESIDENTIAL UNITESTwo 3-Bedroom Units -Each unit features a modern layout, ample natural light, and attractive finishes. Ideal for families or young professionals, these units provide comfortable living spaces with well-appointed kitchens and bathrooms.Fully Occupied: Both residential units are currently leased, providing immediate rental income and a solid return on investment. COMMERICAL SPACE Restaurant Ready - The commercial unit is fully equipped with brand new restaurant-grade kitchen equipment, ready for your culinary vision. This space features an open layout that can accommodate a dining area, allowing for a vibrant dining atmosphere.Prime Location- Located on a busy commercial corridor, this space benefits from high foot traffic and visibility, making it an excellent choice for a new or expanding restaurant, with extra storage in the basement. PROPERTY FEATURESTotal Units: 3 (2 residential, 1 commercial)Location: Conveniently positioned in South Philadelphia, close to public transportation, major highways, and local attractions on the corner of 7th and MoyamensingInvestment Potential: With two residential units and a commercial tenant, generating consistent income this property offers a fantastic investment opportunity in a thriving neighborhood. Don’t miss out on this exceptional property that combines residential and commercial potential in a highly sought-after area. Schedule a viewing today to explore the possibilities!
Mls | PAPH2414514 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active Under Contract |
Year | 1915 |
Days On Site | 41 |
Listing Provided By | KW Empower | David Snyder |
Sq Feet | 2,985 |
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Zoning | CMX25 |
Acreage | 0.02 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19148 |
Area | 19148 |
School District | The School District Of Philadelp |
Listing VS Median (in 19148) | |
Price: $670,000 low | high Med: $270,000 SqFt: 2,985 low | high Med: 780 $ / SqFt: $224 low | high Med: $346 On Site: 41 low | high Med: 49.000000 |