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Prime Investment Opportunity in the growing neighborhood near Brewerytown/Strawberry Mansion. This 2-story corner property spans 2,850 sq/ft and has zoning approval for 5 units, offering multiple income streams. Blueprints are in place for the configuration of the property which consists of (2) ground-floor commercial units and (3) residential apartments"”(1) one-bedroom and (2) two-bedroom units. The building is in shell condition and will need a full rehab from top to bottom. Blueprints and zoning approval are readily available. The possibilities with this property are endless. It can be completed and held as a cash-flowing asset or a fix-and-flip opportunity, allowing for a profitable resale after renovations. An owner-user could live in one of the residential units while generating rental income from the others to cover the mortgage payment. Or even a business can purchase the property and have all the other units cover the mortgage to reduce overhead costs and increase profits. Located in the rapidly growing neighborhood near Brewerytown/Strawberry Mansion, this property offers strong appreciation potential and multiple exit strategies. All individuals entering the premises must sign a release and hold harmless agreement before an appointment can be confirmed. Schedule a showing today to explore this excellent investment opportunity.
| DAYS ON MARKET | 8 | LAST UPDATED | 3/5/2025 |
|---|---|---|---|
| TRACT | STANTON | YEAR BUILT | 1915 |
| COMMUNITY | 19121 (19121) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | 19121 (19121) |
| HEAT | None |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 19.00 x 75.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | STANTON |
| TAXES | 1114 |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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