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Garage/storage property in Philadelphia currently operating as 8 independent garage units with long-term tenants in place. Property is fully occupied and generates approximately $3,200/month in gross rental income. Most leases were renewed last year with 3yr lease terms already in place. low-maintenance investment opportunity with stable cash flow. Property was renovated approximately 3 years ago, including a newer roof installation. Units feature powered garage doors with independent remote access, along with electric and water access in each unit. On-site security camera and monitoring system installed in most units. Features: -8 independent garage/storage units -Fully occupied with long-term tenants -Approx. $3,200/month gross income -Most leases renewed last year with 3-year lease terms -Powered garage doors with separate remotes -Electric and water access in each unit -Security camera/monitoring system installed in most units -Roof replaced approximately 3 years ago during renovations -Low operating expenses -Low maintenance investment property -RM1 zoning, the building is used as a commercial 8 car/ storage since the building was built. -Buyer responsible for zoning and use verification
| DAYS ON MARKET | 0 | LAST UPDATED | 5/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | 19134 (19134) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 19134 (19134) |
| GARAGE | Yes |
| HEAT | None |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 20.00 x 69.00 |
| PARKING | On Street, Garage |
| TAXES | 933 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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