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Property Listing: Prime Multi-Unit Investment Opportunity in South Philadelphia OVERVIEW: 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 UNITS Two 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. COMMERCIAL 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 FEATURES Total 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 Moyamensing Investment 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!
| DAYS ON MARKET | 26 | LAST UPDATED | 11/6/2024 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | 19148 (19148) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19148 (19148) |
| HEAT | Natural Gas, Radiant |
| LOT | 871 sq ft |
| LOT DIMENSIONS | 17.00 x 78.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 4582 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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