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Prime corner mixed-use property offering both stable income and clear value-add upside in one of Philadelphia's most desirable neighborhoods. The building consists of three separately metered units: a renovated commercial space and two residential apartments. Unit 1F - Commercial: Updated corner storefront currently leased for $1,250/month, delivering steady cash flow from day one. Unit 1R - Residential: Recently rented one-bedroom at $1,050/month, presenting a turnkey opportunity for cosmetic upgrades or repositioning to boost returns. Unit 2 - Residential: Renovated two-bedroom apartment leased at $2,180/month, featuring Hazelwood cabinetry, tile flooring, a modern bathroom, and in-unit laundry. Located just one block from Naval Square and minutes from the South Street Bridge, CHOP, UPenn, and Rittenhouse Square, the property is positioned within a 95 Walk Score corridor known for strong rental demand and continued appreciation. An ideal value-add investment: generate immediate income while elevating the remaining residential unit to drive NOI growth and long-term equity.
| DAYS ON MARKET | 45 | LAST UPDATED | 11/4/2025 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | 19146 (19146) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19146 (19146) |
| BASEMENT | Yes |
| HEAT | Baseboard, Forced Air, Natural Gas |
| LOT | 871 sq ft |
| LOT DIMENSIONS | 18.00 x 60.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 8779 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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