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Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue - a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the building's livable space and income potential. This property is mid-construction and will be sold in As-Is condition, giving investors and builders the chance to complete the project to their own specifications. Estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of South Philadelphia's most active corridors. The commercial unit offers great visibility and access along busy Point Breeze Avenue, ideal for a retail shop, café, or office. The residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. Located just minutes from Center City, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses. Property is being sold in AS-IS condition and the buyer will be responsible for obtaining the U&O. Don't miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
DAYS ON MARKET | 5 | LAST UPDATED | 5/22/2025 |
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TRACT | POINT BREEZE | YEAR BUILT | 1915 |
COMMUNITY | 19146 (19146) | COUNTY | PHILADELPHIA |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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ADDITIONAL DETAILS | |
AIR | None |
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AREA | 19146 (19146) |
HEAT | Forced Air, Natural Gas |
LOT | 1307 sq ft |
LOT DIMENSIONS | 16.00 x 78.00 |
PARKING | On Street |
SEWER | Public Sewer |
SUBDIVISION | POINT BREEZE |
TAXES | 2807 |
VIEW | Yes |
VIEW DESCRIPTION | Street |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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