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Investor alert! Corner CMX-2 mixed-use value-add with major upside. This 4000+ sf property includes a street-level commercial unit plus multiple residential units: 1BR (1st floor rear), 1BR (2nd floor rear), 2BR (2nd floor front), and a 3rd-floor shell ready for your build-out"”configure as a 3BR or potentially two additional units to increase income (buyer to verify zoning/use, permits, and unit count). Separate utilities support efficient operations and strong long-term rental performance. The property needs work, but the layout, zoning, and unit mix create a clear path to stabilization and cash flow. With renovations and the right leasing strategy, income potential can approach $10,000/month with Section 8 tenants (buyer to verify voucher amounts, payment standards, inspections, and eligibility). With relatively low baseline holding costs (taxes/insurance/water per seller), this is a strong candidate for high NOI and attractive cap rate potential once stabilized. Schedule your showing today!
| DAYS ON MARKET | 10 | LAST UPDATED | 4/23/2026 |
|---|---|---|---|
| TRACT | WEST PHILADELPHIA | YEAR BUILT | 1915 |
| COMMUNITY | 19131 (19131) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Apr 23, '26 | $369,900 |
|---|---|
| Apr 23, '26 - Today | $319,900 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | 19131 (19131) |
| HEAT | Baseboard, Electric, Hot Water, Natural Gas, Radiant |
| LOT | 2178 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 20.00 x 101.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | WEST PHILADELPHIA |
| TAXES | 3064 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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