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Incredible investment opportunity . This location has been trending up for many years. The property consists of 1 commercial space and 2 residential apartments. The commercial space is a long standing barber shop and the current rent is $1800 per month. The 2nd floor unit has just been updated and a tenant has been secured for $1800 per month. The 3rd floor unit has a long term tenant and rent is $1200 per month but is well below market rent. Both residential units are in great shape and have 3 bedrooms and a full kitchen and living room. At the current price the cap rate is over 9%.
| DAYS ON MARKET | 35 | LAST UPDATED | 5/13/2025 |
|---|---|---|---|
| YEAR BUILT | 2009 | COMMUNITY | 19121 (19121) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19121 (19121) |
| HEAT | Electric, Heat Pump |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 18.00 x 98.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 4301 |
| UTILITIES | Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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