942-944 S 58th St,PHILADELPHIA, PA 19143
PHILADELPHIA, PA 19143
Description
Unique Mixed-Use Duplex with Commercial Laundromat in Prime Location! Fantastic opportunity to live and work in the same building or generate income by renting one or both units. This property features a fully functional laundromat on the 1st floor and a spacious 4 bed/3 bath apartment on the second floor. 2nd floor: The residential unit was renovated 5 years ago with new electrical (dedicated panel in unit) and central air conditioning, which also services the laundromat office. It features an open and airy layout, complemented by light wood flooring and a bright, welcoming atmosphere. The chef's kitchen features a vented range and chef-grade appliances, all of which are included in the sale. The primary bedroom boasts an open-concept layout, a private en-suite bath, and a custom walk-in closet. The 2 front bedrooms each have private balconies and share a full bathroom. Another bedroom and a full bathroom complete this 2,187 sf apartment. 1st floor: The laundromat has approx. 35 washers & 38 dryers (half of which are non-functional) and a half bath. Equipment sold as-is great value-add potential for upgrades or conversion to another commercial use. Additional profit centers include selling snacks & drinks, and a leased ATM that generates $0.75 per transaction. The 1st floor features access to a large patio, ideal for guests or potential business expansion. The large basement has floor drains and ample storage, accessible via a hatch in the laundromat office. Utilities: Three electric meters: one for the apartment, one for the first floor, and a separate meter for laundry operations (the latter two are billed together). The 1st floor pays for hot and cold water for the entire building. The heat is separately metered. Location Highlights: situated just off a busy intersection (58th & Baltimore Ave) excellent foot traffic and visibility. Steps from the trolley line, providing easy access to University City & Center City. Short distance to Cobbs Creek Park, Malcolm X Park, and other green spaces. Near major institutions, including the University of Pennsylvania, Drexel University, and CHOP. Come set up shop at 58th & Baltimore and make your mark in this vibrant and evolving neighborhood.
Details
| MLS # | PAPH2488442 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 19 |
| Listing Provided By | KW Empower | Stacy L Sanseverino |
Features
| Units | 2 |
|---|---|
| Zoning | CMX1 |
| Acreage | 0.07 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water, Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3891.44 |
| Tax Lot | 187 |
Market Activity 19143
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| Community Name | COBBS CREEK |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Elementary School | ANDERSON ADD B |
| Middle School | ADD B. ANDERSON |
| High School | SAYRE |
| Listing VS Median (in COBBS CREEK) | |
Price: $450,000 low | high Med: $199,700 On site: 19 low | high Med: 122.000000 | |
