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Turnkey multifamily investment opportunity in West Philadelphia: corner mixed-use building with 5 residential units plus 1 commercial space, fully-occupied with an in-place 8.3% cap rate! Fully-renovated in 2022. Located at the intersection of 59th Street and Market Street, just 1 block from the 60th Street stop on the MFL, this well-maintained asset provides both immediate cash-flow and future upside as the surrounding neighborhood continues it's growth trajectory. Comprised of six total units: one commercial space, two studios, two one-bedroom apartments, and one two-bedroom apartments. Generating $5,877 per month in rents ($70,524 annually). Local amenities include: Cobbs Creek Golf Course: "an industry leading restoration project that includes a multitude of golf and community amenities"; Restaurants: Aku's Kitchen, Liberty Halal Gyro, Yock's Sandwich-Ville USA; Schools: Barry Community John School, Sanctuary Christian Academy, William L Sayre Middle School; Grocery Stores: Market at University Square, African Expressions, The Fresh Grocer; Parks & Rec: Haddington Park, Haddington Recreation Center, Cobbs Creek. Offering memorandum available upon request.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/21/2025 |
|---|---|---|---|
| TRACT | HADDINGTON | YEAR BUILT | 1915 |
| COMMUNITY | 19139 (19139) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19139 (19139) |
| HEAT | Baseboard, Electric |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Back Yard, Corner Lot |
| LOT DIMENSIONS | 16.00 x 84.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | HADDINGTON |
| TAXES | 3042 |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Street |
| WATER | Public |
| ZONING | Multifamily mixed-use: 6 units |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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