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A rare opportunity to acquire a mixed-use asset in a prime location, combining immediate returns with future value creation. 6.7% cap rate with potential to exceed 8% through rent growth and value-add improvements. An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside. This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset benefits from both residential demand and commercial viability. Currently generating approximately $5,150/month, the property delivers consistent cash flow with a clear path for growth. Projected rental income of approximately $5,700-$6,000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.
| DAYS ON MARKET | 0 | LAST UPDATED | 6/8/2026 |
|---|---|---|---|
| TRACT | PASSYUNK SQUARE | YEAR BUILT | 1915 |
| COMMUNITY | 19147 (19147) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Apr 21, '26 | $745,000 |
|---|---|
| Apr 21, '26 - Jun 8, '26 | $729,900 |
| Jun 8, '26 - Today | $715,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19147 (19147) |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 16.00 x 80.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | PASSYUNK SQUARE |
| TAXES | 6996 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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